CLS (LON:CLI) Insider Buys £150.48 in Stock

CLS Holdings plc (LON:CLI) insider Patrick Symons bought 342 shares of the company’s stock in a transaction that occurred on Monday, November 9th. The stock was purchased at an average price of GBX 44 per share, for a total transaction of £150.48.

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

• On Friday, October 9th, Patrick Symons bought 354 shares of CLS stock. The shares were acquired at an average cost of GBX 42 per share, with a total value of £148.68.
• On Wednesday, September 9th, Patrick Symons acquired 319 shares of CLS stock. The stock was bought at an average price of GBX 47 per share, with a total value of £149.93.

CLS Stock Up 0.2%

Shares of LON CLI traded up GBX 0.10 during trading on Tuesday, hitting GBX 43.10. 18,121 shares of the company traded hands, compared to its average volume of 688,355. The business’s fifty day moving average is GBX 45.46 and its 200 day moving average is GBX 49.99. CLS Holdings plc has a fifty-two week low of GBX 42 and a fifty-two week high of GBX 63.70. The company has a debt-to-equity ratio of 128.45, a quick ratio of 0.59 and a current ratio of 0.26. The firm has a market capitalization of £173.03 million, a price-to-earnings ratio of -1.80 and a beta of 1.01.

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

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on CLI shares. Peel Hunt restated a “reduce” rating and set a GBX 45 price target on shares of CLS in a report on Tuesday, August 4th. Berenberg Bank reduced their target price on CLS from GBX 58 to GBX 51 and set a “buy” rating for the company in a report on Wednesday, August 12th. One investment analyst has rated the stock with a Buy rating and one has issued a Sell rating to the company. According to MarketBeat.com, CLS 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.