CLS Holdings plc (LON:CLI) Insider Acquires £149.60 in Stock

CLS Holdings plc (LON:CLI) insider Andrew Kirkman bought 170 shares of the business’s stock in a transaction on Tuesday, May 7th. The shares were acquired at an average price of GBX 88 ($1.11) per share, with a total value of £149.60 ($187.94).

Andrew Kirkman also recently made the following trade(s):

• On Wednesday, March 13th, Andrew Kirkman acquired 162 shares of CLS stock. The stock was acquired at an average cost of GBX 93 ($1.17) per share, for a total transaction of £150.66 ($189.27).

CLS Stock Performance

LON CLI opened at GBX 84.90 ($1.07) on Thursday. CLS Holdings plc has a fifty-two week low of GBX 80 ($1.01) and a fifty-two week high of GBX 149.39 ($1.88). The stock has a market cap of £337.40 million, a PE ratio of -136.51 and a beta of 0.95. The company has a debt-to-equity ratio of 115.59, a quick ratio of 0.59 and a current ratio of 0.99. The firm’s fifty day moving average price is GBX 86.62 and its two-hundred day moving average price is GBX 92.47.

CLS Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, May 2nd. Shareholders of record on Thursday, March 21st were given a GBX 5.35 ($0.07) dividend. The ex-dividend date of this dividend was Thursday, March 21st. This is an increase from CLS’s previous dividend of $2.60. This represents a yield of 5.82%. CLS’s dividend payout ratio (DPR) is currently -1,269.84%.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank reissued a “buy” rating and issued a GBX 114 ($1.43) target price on shares of CLS in a report on Tuesday, March 12th.

CLS Company Profile

CLS Holdings plc, together with its subsidiaries, engages in the investment, development, and management of commercial properties in the United Kingdom, Germany, and France. The company operates in two segments, Investment Properties and Other Investments. It also invests in a hotel and other corporate investments.