CLS (LON:CLI) Insider Acquires £150.04 in Stock

Key Points

• Insider Fredrik Widlund purchased 242 shares of CLS Holdings plc at an average price of GBX 62, totaling £150.04, on October 8th.
• CLS Holdings plc has a current market capitalization of £241.06 million and reported a negative earnings per share (EPS) of GBX (6.10) for the recent quarter.
• Berenberg Bank has lowered its price objective for CLS shares from GBX 100 to GBX 85, while maintaining a "buy" rating for the stock.

CLS Holdings plc (LON:CLI - Get Free Report) insider Fredrik Widlund bought 242 shares of the stock in a transaction that occurred on Wednesday, October 8th. The stock was bought at an average price of GBX 62 per share, with a total value of £150.04.

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

• On Monday, September 8th, Fredrik Widlund bought 263 shares of CLS stock. The stock was bought at an average price of GBX 57 per share, with a total value of £149.91.
• On Friday, August 8th, Fredrik Widlund bought 227 shares of CLS stock. The stock was bought at an average price of GBX 66 per share, with a total value of £149.82.

CLS Price Performance

CLS stock opened at GBX 60.55 on Friday. CLS Holdings plc has a 1 year low of GBX 53 and a 1 year high of GBX 101.40. The firm has a 50 day moving average price of GBX 60.07 and a 200 day moving average price of GBX 63.02. The company has a market cap of £241.06 million, a price-to-earnings ratio of -423.44 and a beta of 1.01. The company has a debt-to-equity ratio of 123.30, a quick ratio of 0.59 and a current ratio of 0.73.

CLS (LON:CLI - Get Free Report) last released its quarterly earnings data on Wednesday, August 13th. The company reported GBX (6.10) 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%. Sell-side analysts predict that CLS Holdings plc will post 10.0104167 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank decreased their price objective on shares of CLS from GBX 100 to GBX 85 and set a "buy" rating for the company in a research note on Thursday, September 4th. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of "Buy" and a consensus price target of GBX 85.

CLS Company Profile

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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