CLS (LON:CLI) Stock: Insider Fredrik Widlund Buys 342 Shares

CLS Holdings plc (LON:CLI) insider Fredrik Widlund purchased 342 shares of the business’s stock in a transaction dated Monday, November 9th. The shares were purchased at an average price of GBX 44 per share, with a total value of £150.48.

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

• On Wednesday, September 9th, Fredrik Widlund acquired 319 shares of CLS stock. The stock was acquired at an average price of GBX 47 per share, for a total transaction of £149.93.

CLS Trading Up 0.2%

Shares of CLS stock traded up GBX 0.10 during trading hours on Tuesday, hitting GBX 43.10. The company’s stock had a trading volume of 18,121 shares, compared to its average volume of 688,355. 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 stock has a market cap of £173.03 million, a price-to-earnings ratio of -1.80 and a beta of 1.01. The firm has a fifty day moving average of GBX 45.46 and a 200-day moving average of GBX 49.99. CLS Holdings plc has a twelve month low of GBX 42 and a twelve month high of GBX 63.70.

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

Wall Street Analysts Forecast Growth

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

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.