CLS Holdings plc (LON:CLI - Get Free Report)'s share price crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 72.18 ($0.97) and traded as low as GBX 62.50 ($0.84). CLS shares last traded at GBX 62.70 ($0.84), with a volume of 550,570 shares trading hands.
Wall Street Analysts Forecast Growth
Separately, Berenberg Bank restated a "buy" rating and issued a GBX 114 ($1.53) price objective on shares of CLS in a report on Tuesday, April 1st.
Get Our Latest Stock Analysis on CLI
CLS Trading Up 0.8%
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 firm's 50 day moving average is GBX 62.64 and its 200 day moving average is GBX 71.94. The company has a market capitalization of £254.24 million, a PE ratio of -1.23 and a beta of 1.01.
CLS (LON:CLI - Get Free Report) last issued its earnings results on Tuesday, April 1st. The company reported GBX (23.60) (($0.32)) 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, equities analysts predict that CLS Holdings plc will post 10.0104167 EPS for the current year.
CLS Increases Dividend
The business also recently disclosed a dividend, which will be paid on Tuesday, June 3rd. Shareholders of record on Thursday, May 15th will be given a dividend of GBX 2.68 ($0.04) per share. This is an increase from CLS's previous dividend of $2.60. This represents a yield of 4.17%. The ex-dividend date is Thursday, May 15th. CLS's payout ratio is presently -15.42%.
About CLS
(
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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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