CLS (LON:CLI) Insider Bill Holland Purchases 32,522 Shares

Key Points

• Bill Holland, an insider at CLS Holdings plc, purchased 32,522 shares at an average cost of GBX 61 ($0.83), totaling approximately £19,838.42 ($26,939.73).
• CLS Holdings reported a negative earnings per share of GBX (6.10) (($0.08)) for the last quarter, with a negative net margin of 134.11% and a negative return on equity of 23.42%.
• Berenberg Bank issued a "buy" rating for CLS Holdings, setting a price target of GBX 100 ($1.36) on the stock.

CLS Holdings plc (LON:CLI - Get Free Report) insider Bill Holland acquired 32,522 shares of the company's stock in a transaction dated Thursday, August 14th. The stock was bought at an average cost of GBX 61 per share, for a total transaction of £19,838.42.

CLS Stock Performance

Shares of CLI traded up GBX 0.50 during trading hours on Tuesday, hitting GBX 62. The company had a trading volume of 170,435 shares, compared to its average volume of 819,044. The firm has a market cap of £247.06 million, a price-to-earnings ratio of -1.19 and a beta of 1.01. The business has a fifty day moving average of GBX 66.45 and a 200-day moving average of GBX 66.36. CLS Holdings plc has a 12 month low of GBX 56.80 and a 12 month high of GBX 101.40. The company has a quick ratio of 0.59, a current ratio of 0.73 and a debt-to-equity ratio of 123.30.

CLS (LON:CLI - Get Free Report) last released its quarterly earnings results on Wednesday, August 13th. The company reported GBX (6.10) EPS for the quarter. CLS had a negative return on equity of 23.42% and a negative net margin of 134.11%. Equities analysts anticipate that CLS Holdings plc will post 10.0104167 EPS for the current fiscal year.

Analyst Ratings Changes

Separately, Berenberg Bank reiterated a "buy" rating and set a GBX 100 target price on shares of CLS in a research report on Wednesday, August 13th. One equities research analyst has rated the stock with a Buy rating, According to MarketBeat, the stock currently has a consensus rating of "Buy" and a consensus price target of GBX 100.

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.