Insider Buying: CLS Holdings plc (LON:CLI) Insider Buys 217 Shares of Stock

CLS Holdings plc (LON:CLI - Get Free Report) insider Fredrik Widlund bought 217 shares of CLS stock in a transaction on Tuesday, July 8th. The shares were purchased at an average cost of GBX 69 ($0.94) per share, for a total transaction of £149.73 ($203.49).

Fredrik Widlund also recently made the following trade(s):

• On Tuesday, June 10th, Fredrik Widlund acquired 228 shares of CLS stock. The stock was acquired at an average price of GBX 66 ($0.90) per share, with a total value of £150.48 ($204.51).
• On Monday, June 2nd, Fredrik Widlund acquired 41,669 shares of CLS stock. The stock was acquired at an average price of GBX 63 ($0.86) per share, with a total value of £26,251.47 ($35,677.45).

CLS Trading Up 0.6%

Shares of CLI traded up GBX 0.44 ($0.01) during midday trading on Wednesday, hitting GBX 69.44 ($0.94). 602,839 shares of the stock were exchanged, compared to its average volume of 916,507. CLS Holdings plc has a 52-week low of GBX 56.80 ($0.77) and a 52-week high of GBX 101.40 ($1.38). The stock has a fifty day simple moving average of GBX 64.74 and a 200 day simple moving average of GBX 68.51. The firm has a market cap of £276.72 million, a P/E ratio of -1.34 and a beta of 1.01. The company has a debt-to-equity ratio of 123.30, a quick ratio of 0.59 and a current ratio of 0.73.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank restated a "buy" rating and set a GBX 114 ($1.55) price target on shares of CLS in a research report on Tuesday, April 1st.

About CLS

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.