Key Points
- Insider buying: CLS Holdings insider Fredrik Widlund purchased 299 shares on May 11 at GBX 50 each, adding to a recent pattern of insider buying that included 100,000 shares on April 29.
- Stock and financial snapshot: CLS opened at GBX 46.70, near its 12-month low of GBX 46, and the company shows weak liquidity and high leverage with a current ratio of 0.29 and debt-to-equity ratio of 121.99.
- Analyst view: Berenberg cut its price target on CLS from GBX 80 to GBX 58 but kept a buy rating, while the broader consensus remains a “Moderate Buy” with a GBX 64 target.
CLS Holdings plc (LON:CLI - Get Free Report) insider Fredrik Widlund bought 299 shares of the company's stock in a transaction on Monday, May 11th. The stock was purchased at an average price of GBX 50 per share, with a total value of £149.50.
Fredrik Widlund also recently made the following trade(s):
- On Wednesday, April 29th, Fredrik Widlund bought 100,000 shares of CLS stock. The stock was purchased at an average price of GBX 49 per share, with a total value of £49,000.
- On Monday, April 13th, Fredrik Widlund bought 256 shares of CLS stock. The stock was purchased at an average price of GBX 59 per share, with a total value of £151.04.
CLS Price Performance
CLS stock opened at GBX 46.70 on Thursday. The company has a current ratio of 0.29, a quick ratio of 0.59 and a debt-to-equity ratio of 121.99. The company has a market capitalization of £185.92 million, a PE ratio of -3.71 and a beta of 0.99. CLS Holdings plc has a 12 month low of GBX 46 and a 12 month high of GBX 73. The stock has a 50-day moving average price of GBX 50.55 and a two-hundred day moving average price of GBX 56.52.
CLS (LON:CLI - Get Free Report) last posted its earnings results on Friday, March 13th. The company reported GBX (12.60) EPS for the quarter. CLS had a negative net margin of 36.01% and a negative return on equity of 6.67%. Analysts expect that CLS Holdings plc will post 10.0104167 EPS for the current year.
Wall Street Analysts Forecast Growth
Separately, Berenberg Bank dropped their target price on CLS from GBX 80 to GBX 58 and set a "buy" rating for the company in a research report on Wednesday, May 6th. One equities research analyst has rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, CLS has a consensus rating of "Moderate Buy" and a consensus target price of GBX 64.
View Our Latest 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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