CLS (LON:CLI) Insider Acquires £151.04 in Stock

CLS Holdings plc (LON:CLI) insider Fredrik Widlund purchased 256 shares of the firm’s stock in a transaction dated Monday, April 13th. The shares were bought at an average cost of GBX 59 per share, with a total value of £151.04.

Fredrik Widlund also recently made the following trade(s):

• On Monday, February 9th, Fredrik Widlund acquired 244 shares of CLS stock. The stock was acquired at an average cost of GBX 62 per share, with a total value of £151.28.

CLS Stock Performance

CLI stock opened at GBX 50.10 on Friday. The company has a debt-to-equity ratio of 121.99, a quick ratio of 0.59 and a current ratio of 0.29. The stock has a market capitalization of £199.45 million, a price-to-earnings ratio of -3.98 and a beta of 1.03. CLS Holdings plc has a 1 year low of GBX 46 and a 1 year high of GBX 73. The stock’s fifty day moving average is GBX 54.38 and its two-hundred day moving average is GBX 57.92.

CLS (LON:CLI) last posted its earnings results on Friday, March 13th. The company reported GBX (12.60) earnings per share (EPS) for the quarter. CLS had a negative net margin of 36.01% and a negative return on equity of 6.67%. On average, research analysts predict that CLS Holdings plc will post 10.0104167 EPS for the current year.

Analysts Set New Price Targets

Separately, Berenberg Bank lifted their price objective on shares of CLS from GBX 70 to GBX 80 and gave the company a “buy” rating in a research note on Monday, January 26th. One analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of GBX 75.

CLS Company Profile

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.