CLS Holdings plc, together with its subsidiaries, engages in the investment, development, and management of commercial properties in the United Kingdom, Germany, and France. It operates in two segments, Investment Properties and Other Investments. The company also invests in a hotel; and corporate bonds and other corporate investments, as well as rents office buildings. Its asset portfolio consists of 93 properties. The company was founded in 1987 and is based in London, the United Kingdom. CLS Holdings plc is a subsidiary of The Sten and Karin Mortstedt Family & Charity Trust.
CLS Price Performance
CLS stock opened at GBX 206.50 ($2.50) on Tuesday. The stock's 50 day moving average is GBX 209.13 and its 200 day moving average is GBX 208.15. The company has a debt-to-equity ratio of 77.79, a current ratio of 0.99 and a quick ratio of 0.79. The firm has a market cap of £841.27 million and a P/E ratio of 710.34. CLS has a one year low of GBX 180.20 ($2.18) and a one year high of GBX 269.21 ($3.25).
Analysts Set New Price Targets
Separately, Berenberg Bank reaffirmed a "buy" rating and issued a GBX 330 ($3.99) price objective on shares of CLS in a research note on Wednesday, May 11th.
Insider Buying and Selling
In other CLS news, insider William Holland bought 4,072 shares of the stock in a transaction on Wednesday, May 11th. The stock was acquired at an average cost of GBX 196 ($2.37) per share, for a total transaction of £7,981.12 ($9,643.69). Insiders have purchased a total of 4,214 shares of company stock valued at $828,270 over the last ninety days.