CLS Holdings plc (LON:CLI - Get Free Report)'s share price crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 69.14 ($0.95) and traded as high as GBX 70.91 ($0.97). CLS shares last traded at GBX 70 ($0.96), with a volume of 415,869 shares.
Analyst Upgrades and Downgrades
Separately, Berenberg Bank reiterated a "buy" rating and issued a GBX 114 ($1.57) target price on shares of CLS in a research note on Tuesday, April 1st.
Read Our Latest Stock Analysis on CLI
CLS Stock Performance
The company has a debt-to-equity ratio of 123.30, a current ratio of 0.73 and a quick ratio of 0.59. The stock has a 50-day moving average price of GBX 63.83 and a 200-day moving average price of GBX 68.89. The company has a market capitalization of £276.95 million, a price-to-earnings ratio of -1.34 and a beta of 1.01.
CLS (LON:CLI - Get Free Report) last posted its quarterly earnings results on Tuesday, April 1st. The company reported GBX (23.60) (($0.32)) earnings per share for the quarter. CLS had a negative net margin of 134.11% and a negative return on equity of 23.42%. As a group, analysts forecast that CLS Holdings plc will post 10.0104167 earnings per share for the current year.
Insider Activity at CLS
In related news, insider Fredrik Widlund acquired 41,669 shares of the company's stock in a transaction dated Monday, June 2nd. The shares were bought at an average cost of GBX 63 ($0.87) per share, with a total value of £26,251.47 ($36,074.58). Insiders have acquired 42,125 shares of company stock valued at $2,655,243 in the last 90 days. 66.38% of the stock is owned by insiders.
CLS Company Profile
(
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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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