CLS (LON:CLI) Insider Purchases £149.50 in Stock

CLS Holdings plc (LON:CLI) insider Fredrik Widlund bought 299 shares of the business’s stock in a transaction on Monday, May 11th. The shares were acquired at an average price of GBX 50 per share, with a total value of £149.50.

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

• On Wednesday, April 29th, Fredrik Widlund purchased 100,000 shares of CLS stock. The stock was purchased at an average price of GBX 49 per share, with a total value of £49,000.
• On Monday, April 13th, Fredrik Widlund purchased 256 shares of CLS stock. The stock was purchased at an average price of GBX 59 per share, with a total value of £151.04.

CLS Stock Down 0.5%

Shares of CLI opened at GBX 47.05 on Wednesday. CLS Holdings plc has a 52 week low of GBX 46 and a 52 week high of GBX 73. The stock has a market capitalization of £187.32 million, a price-to-earnings ratio of -3.73 and a beta of 0.99. The company has a debt-to-equity ratio of 121.99, a quick ratio of 0.59 and a current ratio of 0.29. The stock has a fifty day moving average of GBX 50.87 and a 200-day moving average of GBX 56.62.

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

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank decreased their price objective on CLS from GBX 80 to GBX 58 and set a “buy” rating for the company in a report on Wednesday, May 6th. One analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average 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.