Insider Buying: CLS (LON:CLI) Insider Acquires £151.41 in Stock

CLS Holdings plc (LON:CLI – Get Free Report) insider Fredrik Widlund purchased 309 shares of the stock in a transaction dated Friday, August 7th. The stock was bought at an average cost of GBX 49 per share, with a total value of £151.41.

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

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• On Wednesday, May 27th, Fredrik Widlund purchased 20,109 shares of CLS stock. The stock was purchased at an average price of GBX 46 per share, for a total transaction of £9,250.14.

CLS Stock Performance

Shares of CLI stock opened at GBX 47.15 on Thursday. CLS Holdings plc has a one year low of GBX 45.30 and a one year high of GBX 64.70. The company’s 50-day moving average is GBX 49.31 and its 200 day moving average is GBX 51.79. The company has a market capitalization of £187.71 million, a price-to-earnings ratio of -3.74 and a beta of 1.02. The company has a debt-to-equity ratio of 121.99, a quick ratio of 0.59 and a current ratio of 0.29.

CLS (LON:CLI – Get Free Report) last released 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 36.01% and a negative return on equity of 6.67%. Sell-side analysts expect that CLS Holdings plc will post 10.0104167 EPS for the current fiscal year.

Analysts Set New Price Targets

Several brokerages recently weighed in on CLI. Berenberg Bank reduced their price target on shares of CLS from GBX 58 to GBX 51 and set a “buy” rating for the company in a research report on Wednesday. Peel Hunt reaffirmed a “reduce” rating and issued a GBX 45 price objective on shares of CLS in a research report on Tuesday, August 4th. One equities research analyst has rated the stock with a Buy rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of GBX 48.

Read Our Latest Analysis on CLI

About CLS

(Get Free Report)

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.

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