CLS (LON:CLI) Insider Johannes Conradi Buys 200,000 Shares

CLS Holdings plc (LON:CLI) insider Johannes Conradi purchased 200,000 shares of the stock in a transaction on Friday, March 13th. The shares were purchased at an average cost of GBX 52 per share, with a total value of £104,000.

CLS Stock Performance

Shares of LON:CLI opened at GBX 49.95 on Wednesday. The business has a 50-day moving average of GBX 59.99 and a two-hundred day moving average of GBX 59.24. The firm has a market capitalization of £198.84 million, a PE ratio of -3.49 and a beta of 0.92. The company has a debt-to-equity ratio of 121.99, a current ratio of 0.29 and a quick ratio of 0.59. CLS Holdings plc has a 12 month low of GBX 49.95 and a 12 month high of GBX 73.50.

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

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on CLI shares. Peel Hunt reaffirmed a “hold” rating and set a GBX 70 price target on shares of CLS in a research report on Wednesday, December 3rd. Berenberg Bank upped their target price on CLS from GBX 70 to GBX 80 and gave the stock a “buy” rating in a research report on Monday, January 26th. One equities research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 75.

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.