Fredrik Widlund Acquires 228 Shares of CLS Holdings plc (LON:CLI) Stock

CLS Holdings plc (LON:CLI - Get Free Report) insider Fredrik Widlund purchased 228 shares of the firm's stock in a transaction that occurred on Tuesday, June 10th. The shares were bought at an average price of GBX 66 ($0.89) per share, with a total value of £150.48 ($203.99).

Fredrik Widlund also recently made the following trade(s):

• On Monday, June 2nd, Fredrik Widlund bought 41,669 shares of CLS stock. The stock was acquired at an average price of GBX 63 ($0.85) per share, with a total value of £26,251.47 ($35,585.56).

CLS Price Performance

Shares of CLI traded up GBX 1 ($0.01) during trading hours on Wednesday, hitting GBX 66.20 ($0.90). The stock had a trading volume of 193,833 shares, compared to its average volume of 1,010,529. The company's fifty day moving average is GBX 61.91 and its two-hundred day moving average is GBX 70.46. 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 52 week low of GBX 56.80 ($0.77) and a 52 week high of GBX 101.40 ($1.37). The stock has a market capitalization of £263.80 million, a price-to-earnings ratio of -1.28 and a beta of 1.01.

CLS (LON:CLI - Get Free Report) last announced its earnings results on Tuesday, April 1st. The company reported GBX (23.60) (($0.32)) earnings per share (EPS) for the quarter. CLS had a negative return on equity of 23.42% and a negative net margin of 134.11%. On average, analysts anticipate that CLS Holdings plc will post 10.0104167 EPS for the current year.

CLS Increases Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, June 3rd. Investors of record on Thursday, May 15th were issued a GBX 2.68 ($0.04) dividend. This is a positive change from CLS's previous dividend of $2.60. This represents a yield of 4.17%. The ex-dividend date was Thursday, May 15th. CLS's dividend payout ratio is currently -15.42%.

Analyst Ratings Changes

Separately, Berenberg Bank reissued a "buy" rating and issued a GBX 114 ($1.55) price target on shares of CLS in a research report on Tuesday, April 1st.

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.