Shares of CLS Holdings plc (LON:CLI – Get Free Report) passed above its 50 day moving average during trading on Wednesday. The stock has a 50 day moving average of GBX 45.87 and traded as high as GBX 47.10. CLS shares last traded at GBX 47.05, with a volume of 94,642 shares trading hands.
Analysts Set New Price Targets
Several analysts have commented on the company. Peel Hunt reiterated a “reduce” rating and set a GBX 45 target price on shares of CLS in a research note on Tuesday, August 4th. Berenberg Bank decreased their price target on CLS from GBX 58 to GBX 51 and set a “buy” rating for the company in a research note on Wednesday, August 12th. One equities research analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of GBX 48.
Read Our Latest Analysis on CLI
CLS Price Performance
The company has a debt-to-equity ratio of 128.45, a current ratio of 0.26 and a quick ratio of 0.59. The business’s 50 day moving average price is GBX 45.84 and its 200 day moving average price is GBX 50.48. The stock has a market capitalization of £184.27 million, a P/E ratio of -1.91 and a beta of 1.01.
CLS (LON:CLI – Get Free Report) last issued 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 72.29% and a negative return on equity of 13.63%. Sell-side analysts forecast that CLS Holdings plc will post 10.01 EPS for the current year.
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.
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