CLS (LON:CLI) Shares Cross Below 200 Day Moving Average – What’s Next?

Posted by Geri Gentry on Aug 21st, 2026

CLS Holdings plc (LON:CLI – Get Free Report)’s share price passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 51.31 and traded as low as GBX 46.37. CLS shares last traded at GBX 46.40, with a volume of 501,253 shares changing hands.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on the company. Peel Hunt reissued a “reduce” rating and issued a GBX 45 target price on shares of CLS in a research report on Tuesday, August 4th. Berenberg Bank dropped their price target on CLS from GBX 58 to GBX 51 and set a “buy” rating on the stock in a research report on Wednesday, August 12th. One research analyst has rated the stock with a Buy rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of GBX 48.

Get Our Latest Analysis on CLS

CLS Price Performance

The firm has a market capitalization of £184.92 million, a PE ratio of -3.69 and a beta of 1.02. 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 firm’s fifty day simple moving average is GBX 49.34 and its 200-day simple moving average is GBX 51.20.

CLS (LON:CLI – Get Free Report) last issued its earnings results on Wednesday, August 12th. The company reported GBX 2.70 EPS for the quarter. CLS had a negative return on equity of 13.63% and a negative net margin of 72.29%. On average, research analysts forecast that CLS Holdings plc will post 10.0104167 earnings per share for the current fiscal year.

Insider Transactions at CLS

In related news, insider Fredrik Widlund bought 20,109 shares of the company’s stock in a transaction that occurred on Wednesday, May 27th. The shares were bought at an average price of GBX 46 per share, for a total transaction of £9,250.14. Corporate insiders own 60.13% of the company’s stock.

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.