Insider Buying: CLS (LON:CLI) Insider Acquires £149.93 in Stock

CLS Holdings plc (LON:CLI) insider Patrick Symons acquired 319 shares of the business’s stock in a transaction that occurred on Wednesday, September 9th. The shares were acquired at an average cost of GBX 47 per share, with a total value of £149.93.

CLS Stock Performance

LON CLI opened at GBX 46.94 on Thursday. The company’s fifty day moving average is GBX 48.79 and its two-hundred day moving average is GBX 49.85. The firm has a market capitalization of £188.43 million, a price-to-earnings ratio of -1.96 and a beta of 1.01. 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 52-week low of GBX 45.30 and a 52-week high of GBX 63.70.

CLS (LON:CLI) last issued its earnings results 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 forecast that CLS Holdings plc will post 10.0104167 EPS for the current year.

Analyst Upgrades and Downgrades

CLI has been the topic of a number of recent research reports. Berenberg Bank decreased their price objective on CLS from GBX 58 to GBX 51 and set a “buy” rating on the stock in a research report on Wednesday, August 12th. Peel Hunt reiterated a “reduce” rating and issued a GBX 45 target price on shares of CLS in a report on Tuesday, August 4th. One investment analyst has rated the stock with a Buy rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price 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.