Andrew Kirkman Purchases 264 Shares of CLS (LON:CLI) Stock

Key Points

• Insider Andrew Kirkman purchased 264 shares of CLS Holdings plc at an average price of GBX 57 per share, totaling £150.48, marking his third buy within the past two months.
• CLS Holdings has a market capitalization of £221.35 million and a PE ratio of -388.81, indicating current financial challenges with a negative net margin of 134.11%.
• Berenberg Bank has revised its price target for CLS from GBX 100 to GBX 85 while maintaining a "buy" rating, reflecting a cautious outlook amidst the company's performance metrics.

CLS Holdings plc (LON:CLI - Get Free Report) insider Andrew Kirkman acquired 264 shares of the company's stock in a transaction that occurred on Monday, September 8th. The stock was purchased at an average cost of GBX 57 per share, for a total transaction of £150.48.

Andrew Kirkman also recently made the following trade(s):

• On Friday, August 8th, Andrew Kirkman acquired 227 shares of CLS stock. The stock was purchased at an average cost of GBX 66 per share, for a total transaction of £149.82.
• On Tuesday, July 8th, Andrew Kirkman acquired 217 shares of CLS stock. The stock was purchased at an average cost of GBX 69 per share, for a total transaction of £149.73.

CLS Trading Down 2.6%

LON:CLI traded down GBX 1.40 during midday trading on Friday, hitting GBX 53.50. The stock had a trading volume of 791,163 shares, compared to its average volume of 806,946. CLS Holdings plc has a one year low of GBX 53.42 and a one year high of GBX 101.40. The company has a market capitalization of £212.99 million, a price-to-earnings ratio of -374.13 and a beta of 1.01. The stock has a 50-day moving average of GBX 63.39 and a 200 day moving average of GBX 64.67. 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 announced 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%. As a group, sell-side analysts forecast that CLS Holdings plc will post 10.0104167 EPS for the current year.

Wall Street Analyst Weigh In

Separately, Berenberg Bank dropped their price objective on CLS from GBX 100 to GBX 85 and set a "buy" rating on the stock in a research note on Thursday, September 4th. One investment analyst has rated the stock with a Buy rating, According to MarketBeat.com, the stock presently has a consensus rating of "Buy" and a consensus target price 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.