CLS (LON:CLI) Insider Purchases £148.68 in Stock

CLS Holdings plc (LON:CLI) insider Patrick Symons purchased 354 shares of the company’s stock in a transaction that occurred on Friday, October 9th. The stock was bought at an average price of GBX 42 per share, with a total value of £148.68.

Patrick Symons also recently made the following trade(s):

• On Wednesday, September 9th, Patrick Symons acquired 319 shares of CLS stock. The stock was acquired at an average cost of GBX 47 per share, with a total value of £149.93.

CLS Stock Up 1.4%

CLI stock opened at GBX 46.40 on Friday. The company has a debt-to-equity ratio of 128.45, a current ratio of 0.26 and a quick ratio of 0.59. CLS Holdings plc has a 1-year low of GBX 42 and a 1-year high of GBX 63.70. The firm has a fifty day moving average price of GBX 46.03 and a two-hundred day moving average price of GBX 47.85. The firm has a market cap of £186.28 million, a price-to-earnings ratio of -1.93 and a beta of 1.01.

CLS (LON:CLI) last issued its earnings results on Wednesday, August 12th. The company reported GBX 2.70 earnings per share (EPS) for the quarter. CLS had a negative net margin of 72.29% and a negative return on equity of 13.63%. Research analysts predict that CLS Holdings plc will post 10.01 EPS for the current year.

Analyst Ratings Changes

A number of brokerages have issued reports on CLI. Berenberg Bank reduced their price target on CLS from GBX 58 to GBX 51 and set a “buy” rating for the company in a research report on Wednesday, August 12th. Peel Hunt reissued a “reduce” rating and set a GBX 45 target price on shares of CLS in a research note on Tuesday, August 4th. One analyst has rated the stock with a Buy rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, CLS presently has a consensus rating of “Hold” and an average price target of GBX 48.

About CLS

We are a commercial property investment company with a £2.1bn portfolio listed on the Premium Main Market on the London Stock Exchange, specialising in future-focused office space in the UK, Germany and France. Through geographical diversification, local expertise and an active management approach, we transform office properties into sustainable, modern spaces that help our tenants’ businesses to grow.