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

CLS Holdings plc (LON:CLI) insider Patrick Symons bought 319 shares of the company’s stock in a transaction on Wednesday, September 9th. The stock was purchased at an average cost of GBX 47 per share, for a total transaction of £149.93.

CLS Trading Down 0.2%

CLS stock opened at GBX 46.90 on Friday. CLS Holdings plc has a 52-week low of GBX 45.30 and a 52-week high of GBX 63.70. The company has a market cap of £188.29 million, a P/E ratio of -1.95 and a beta of 1.01. The company has a quick ratio of 0.59, a current ratio of 0.26 and a debt-to-equity ratio of 128.45. The business has a 50-day simple moving average of GBX 48.76 and a two-hundred day simple moving average of GBX 49.74.

CLS (LON:CLI) last issued its quarterly earnings data 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%. Analysts predict that CLS Holdings plc will post 10.0104167 EPS for the current year.

Analyst Ratings Changes

Several research analysts have weighed in on CLI shares. Peel Hunt reiterated a “reduce” rating and issued a GBX 45 price target on shares of CLS in a research report on Tuesday, August 4th. Berenberg Bank cut their price objective on shares of CLS from GBX 58 to GBX 51 and set a “buy” rating for the company in a research report on Wednesday, August 12th. One analyst has rated the stock with a Buy rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, CLS currently 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.