CLS Holdings plc (LON:CLI) insider Sten A. Mortstedt bought 300,000 shares of the company’s stock in a transaction dated Monday, March 23rd. The stock was bought at an average price of GBX 159 ($2.09) per share, for a total transaction of £477,000 ($627,466.46).
CLS stock opened at GBX 179.80 ($2.37) on Friday. CLS Holdings plc has a fifty-two week low of GBX 210 ($2.76) and a fifty-two week high of GBX 322.50 ($4.24). The company has a debt-to-equity ratio of 74.50, a quick ratio of 1.42 and a current ratio of 1.49. The firm’s 50-day simple moving average is GBX 243.58 and its 200 day simple moving average is GBX 262.02. The stock has a market cap of $677.09 million and a PE ratio of 5.40.
The company also recently disclosed a dividend, which will be paid on Wednesday, April 29th. Shareholders of record on Thursday, April 2nd will be paid a GBX 5.05 ($0.07) dividend. This is a positive change from CLS’s previous dividend of $2.35. The ex-dividend date of this dividend is Thursday, April 2nd. This represents a yield of 1.88%. CLS’s dividend payout ratio (DPR) is 0.21%.
Several equities research analysts recently issued reports on the company. Peel Hunt reiterated an “add” rating on shares of CLS in a report on Thursday, March 5th. Berenberg Bank restated a “buy” rating on shares of CLS in a research note on Wednesday, March 11th. Finally, Liberum Capital reaffirmed a “buy” rating on shares of CLS in a report on Wednesday.
CLS Holdings plc, together with its subsidiaries, engages in the investment, development, and management of commercial properties in the United Kingdom, France, Germany, and France. It operates in two segments, Investment Property and Other Investments. The company also invests a hotel; and corporate bonds, shares, and other corporate investments.
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