Key Points
- Insider Andrew Kirkman purchased 241 shares of CLS Holdings plc stock for a total of £149.42 on October 8, reinforcing insider confidence in the company.
- CLS Holdings reported a negative earnings per share of GBX (6.10) for the last quarter and has a negative return on equity of 23.42%.
- Berenberg Bank lowered their price target for CLS from GBX 100 to GBX 85 while maintaining a "buy" rating, which reflects analysts' mixed outlook on the stock.
CLS Holdings plc (LON:CLI - Get Free Report) insider Andrew Kirkman bought 241 shares of the business's stock in a transaction on Wednesday, October 8th. The stock was bought at an average cost of GBX 62 per share, for a total transaction of £149.42.
Andrew Kirkman also recently made the following trade(s):
- On Monday, September 8th, Andrew Kirkman bought 264 shares of CLS stock. The stock was bought at an average cost of GBX 57 per share, for a total transaction of £150.48.
- On Friday, August 8th, Andrew Kirkman purchased 227 shares of CLS stock. The stock was purchased at an average price of GBX 66 per share, for a total transaction of £149.82.
CLS Stock Performance
Shares of LON:CLI opened at GBX 58.60 on Friday. The company has a market capitalization of £233.29 million, a price-to-earnings ratio of -409.79 and a beta of 1.01. The firm's 50 day simple moving average is GBX 59.94 and its 200 day simple moving average is GBX 62.94. The company has a debt-to-equity ratio of 123.30, a current ratio of 0.73 and a quick ratio of 0.59. CLS Holdings plc has a fifty-two week low of GBX 53 and a fifty-two week high of GBX 101.40.
CLS (LON:CLI - Get Free Report) last posted its earnings results on Wednesday, August 13th. The company reported GBX (6.10) earnings per share for the quarter. CLS had a negative return on equity of 23.42% and a negative net margin of 134.11%. As a group, sell-side analysts forecast that CLS Holdings plc will post 10.0104167 earnings per share for the current year.
Wall Street Analyst Weigh In
Separately, Berenberg Bank dropped their price objective on CLS from GBX 100 to GBX 85 and set a "buy" rating on the stock in a research note on Thursday, September 4th. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, CLS has a consensus rating of "Buy" and an average price target of GBX 85.
Read Our Latest Research Report 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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