CLS Holdings plc (LON:CLI - Get Free Report) shares passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 62.52 ($0.83) and traded as low as GBX 59.90 ($0.80). CLS shares last traded at GBX 60.30 ($0.80), with a volume of 140,512 shares trading hands.
Analysts Set New Price Targets
Separately, Berenberg Bank reduced their price target on shares of CLS from GBX 100 to GBX 85 and set a "buy" rating on the stock in a research note on Thursday, September 4th. One research analyst has rated the stock with a Buy rating, According to data from MarketBeat, the company has a consensus rating of "Buy" and a consensus price target of GBX 85.
Get Our Latest Stock Report on CLS
CLS Stock Down 0.8%
The company has a current ratio of 0.73, a quick ratio of 0.59 and a debt-to-equity ratio of 123.30. The company has a market cap of £240.06 million, a PE ratio of -4.22 and a beta of 1.01. The company's 50 day moving average is GBX 59.22 and its 200 day moving average is GBX 62.52.
CLS (LON:CLI - Get Free Report) last posted its earnings results on Wednesday, August 13th. The company reported GBX (6.10) 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 predict that CLS Holdings plc will post 10.0104167 earnings per share for the current fiscal year.
Insider Buying and Selling
In related news, insider Bill Holland purchased 32,522 shares of the business's stock in a transaction that occurred on Thursday, August 14th. The stock was bought at an average price of GBX 61 per share, with a total value of £19,838.42. Over the last ninety days, insiders have acquired 33,986 shares of company stock valued at $2,073,791. 60.55% of the stock is currently 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.
Further Reading
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