CLS Holdings plc (LON:CLI - Get Free Report) shares 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 traded.
Analyst Upgrades and Downgrades
Separately, Berenberg Bank reiterated a "buy" rating and issued a GBX 114 ($1.56) price objective on shares of CLS in a report on Tuesday, April 1st.
Read Our Latest Stock Analysis on CLI
CLS Price Performance
The company's 50-day moving average price is GBX 63.40 and its 200-day moving average price is GBX 69.14. The company has a quick ratio of 0.59, a current ratio of 0.73 and a debt-to-equity ratio of 123.30. The firm has a market cap of £278.94 million, a price-to-earnings ratio of -1.35 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 for the quarter. CLS had a negative return on equity of 23.42% and a negative net margin of 134.11%. On average, equities research analysts forecast that CLS Holdings plc will post 10.0104167 EPS for the current year.
CLS Increases Dividend
The business also recently disclosed a dividend, which was paid on Tuesday, June 3rd. Stockholders of record on Thursday, May 15th were paid a GBX 2.68 ($0.04) dividend. This is a boost from CLS's previous dividend of $2.60. This represents a dividend yield of 4.17%. The ex-dividend date was Thursday, May 15th. CLS's dividend payout ratio (DPR) is presently -15.42%.
Insider Activity at CLS
In other news, insider Fredrik Widlund purchased 41,669 shares of the firm's stock in a transaction that occurred on Monday, June 2nd. The stock was bought at an average price of GBX 63 ($0.86) per share, for a total transaction of £26,251.47 ($36,025.07). Over the last three months, insiders purchased 42,125 shares of company stock worth $2,655,243. Company insiders own 66.38% of the company's stock.
About CLS
(
Get Free Report)
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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