CLS Holdings plc (LON:CLI - Get Free Report)'s share price passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 73.40 ($0.99) and traded as low as GBX 60.10 ($0.81). CLS shares last traded at GBX 61 ($0.83), with a volume of 187,285 shares.
Analyst Upgrades and Downgrades
Separately, Berenberg Bank reissued a "buy" rating and set a GBX 114 ($1.54) price target on shares of CLS in a research report on Tuesday, April 1st.
Check Out Our Latest Research Report on CLS
CLS Stock Down 0.2%
The firm has a 50-day moving average of GBX 63.29 and a 200 day moving average of GBX 72.56. The stock has a market capitalization of £249.05 million, a price-to-earnings ratio of -1.20 and a beta of 1.01. The company has a current ratio of 0.73, a quick ratio of 0.59 and a debt-to-equity ratio of 123.30.
CLS (LON:CLI - Get Free Report) last released its quarterly 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%. On average, sell-side analysts anticipate that CLS Holdings plc will post 10.0104167 earnings per share for the current year.
CLS Increases Dividend
The business also recently declared a dividend, which will be paid on Tuesday, June 3rd. Investors of record on Thursday, May 15th will be given a dividend of GBX 2.68 ($0.04) per share. The ex-dividend date of this dividend is Thursday, May 15th. This is a positive change from CLS's previous dividend of $2.60. This represents a yield of 4.17%. CLS's payout ratio is -15.42%.
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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