CLS (LON:CLI) Insider Acquires £9,250.14 in Stock

CLS Holdings plc (LON:CLI) insider Fredrik Widlund acquired 20,109 shares of the firm’s stock in a transaction that occurred on Wednesday, May 27th. The shares were bought at an average price of GBX 46 per share, with a total value of £9,250.14.

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

• On Monday, May 11th, Fredrik Widlund bought 299 shares of CLS stock. The shares were acquired at an average cost of GBX 50 per share, for a total transaction of £149.50.
• On Wednesday, April 29th, Fredrik Widlund acquired 100,000 shares of CLS stock. The stock was purchased at an average cost of GBX 49 per share, for a total transaction of £49,000.
• On Monday, April 13th, Fredrik Widlund acquired 256 shares of CLS stock. The stock was purchased at an average cost of GBX 59 per share, for a total transaction of £151.04.

CLS Stock Down 0.9%

Shares of CLS stock traded down GBX 0.45 on Thursday, reaching GBX 49.20. The stock had a trading volume of 99,553 shares, compared to its average volume of 1,058,476. The stock has a market capitalization of £195.87 million, a P/E ratio of -3.90 and a beta of 0.99. CLS Holdings plc has a 1 year low of GBX 45.30 and a 1 year high of GBX 73. The company has a quick ratio of 0.59, a current ratio of 0.29 and a debt-to-equity ratio of 121.99. The company has a 50 day moving average price of GBX 48.46 and a 200 day moving average price of GBX 55.65.

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

Analyst Upgrades and Downgrades

Separately, Berenberg Bank dropped their target price on shares of CLS from GBX 80 to GBX 58 and set a “buy” rating on the stock in a research report on Wednesday, May 6th. One equities research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 64.

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.