CLS (LON:CLI) Insider Acquires 354 Shares of Stock

Key Points

• CLS insider Patrick Symons purchased 354 shares at GBX 42 each, worth £148.68, following a previous purchase of 319 shares in September.
• CLS shares traded at approximately GBX 44, near their 52-week low of GBX 42, with a market capitalization of about £176.65 million.
• Analyst sentiment is mixed, resulting in a consensus “Hold” rating and an average price target of GBX 48; the company reported negative net margins and return on equity.

CLS Holdings plc (LON:CLI - Get Free Report) insider Patrick Symons acquired 354 shares of the company's stock in a transaction dated Friday, October 9th. The shares were bought at an average price of GBX 42 per share, for a total transaction of £148.68.

Patrick Symons also recently made the following trade(s):

• On Wednesday, September 9th, Patrick Symons acquired 319 shares of CLS stock. The stock was purchased at an average price of GBX 47 per share, with a total value of £149.93.

CLS Stock Performance

CLI stock traded down GBX 0.35 during midday trading on Tuesday, hitting GBX 44. The stock had a trading volume of 168,996 shares, compared to its average volume of 726,085. CLS Holdings plc has a 52 week low of GBX 42 and a 52 week high of GBX 63.70. The firm has a market capitalization of £176.65 million, a price-to-earnings ratio of -1.83 and a beta of 1.01. The company has a current ratio of 0.26, a quick ratio of 0.59 and a debt-to-equity ratio of 128.45. The stock has a 50-day simple moving average of GBX 46.21 and a 200 day simple moving average of GBX 47.92.

CLS (LON:CLI - Get Free Report) last announced its quarterly earnings results on Wednesday, August 12th. The company reported GBX 2.70 EPS for the quarter. CLS had a negative return on equity of 13.63% and a negative net margin of 72.29%. As a group, equities research analysts anticipate that CLS Holdings plc will post 10.01 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on CLI shares. Berenberg Bank dropped their target price on shares of CLS from GBX 58 to GBX 51 and set a "buy" rating for the company in a research report on Wednesday, August 12th. Peel Hunt restated a "reduce" rating and issued a GBX 45 price target on shares of CLS in a research report on Tuesday, August 4th. One analyst has rated the stock with a Buy rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Hold" and an average price target of GBX 48.

CLS Company Profile

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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