Key Points
- CLS Holdings insider Fredrik Widlund bought 20,109 shares on May 27 at an average price of GBX 46, for a total of about £9,250.
- Widlund has been actively buying CLS stock in recent weeks, including a much larger purchase of 100,000 shares on April 29, along with smaller buys on April 13 and May 11.
- CLS shares opened at GBX 49.20, and analysts currently have a Moderate Buy consensus with a GBX 64 price target, though Berenberg recently cut its target to GBX 58.
CLS Holdings plc (LON:CLI - Get Free Report) insider Fredrik Widlund purchased 20,109 shares of the firm's stock in a transaction dated Wednesday, May 27th. The shares were bought at an average cost of GBX 46 per share, with a total value of £9,250.14.
Fredrik Widlund also recently made the following trade(s):
- On Monday, May 11th, Fredrik Widlund purchased 299 shares of CLS stock. The shares were bought at an average cost of GBX 50 per share, with a total value of £149.50.
- On Wednesday, April 29th, Fredrik Widlund purchased 100,000 shares of CLS stock. The shares were bought at an average cost of GBX 49 per share, with a total value of £49,000.
- On Monday, April 13th, Fredrik Widlund purchased 256 shares of CLS stock. The shares were bought at an average cost of GBX 59 per share, with a total value of £151.04.
CLS Stock Performance
CLS stock opened at GBX 49.20 on Friday. CLS Holdings plc has a fifty-two week low of GBX 45.30 and a fifty-two week high of GBX 73. The company has a debt-to-equity ratio of 121.99, a quick ratio of 0.59 and a current ratio of 0.29. The company has a 50 day moving average price of GBX 48.44 and a 200-day moving average price of GBX 55.58. The company has a market capitalization of £195.87 million, a PE ratio of -3.90 and a beta of 0.99.
CLS (LON:CLI - Get Free Report) last posted its quarterly earnings results on Friday, March 13th. The company reported GBX (12.60) earnings per share (EPS) for the quarter. CLS had a negative return on equity of 6.67% and a negative net margin of 36.01%. As a group, equities analysts forecast that CLS Holdings plc will post 10.0104167 earnings per share for the current year.
Wall Street Analysts Forecast Growth
Separately, Berenberg Bank dropped their price target on CLS from GBX 80 to GBX 58 and set a "buy" rating on the stock in a research report on Wednesday, May 6th. One analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company's stock. Based on data from MarketBeat, CLS has an average rating of "Moderate Buy" and a consensus price target of GBX 64.
Check Out Our Latest Analysis on CLS
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.
Further Reading
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