CLS (LON:CLI) Stock: Insider Patrick Symons Purchases 354 Shares

CLS Holdings plc (LON:CLI) insider Patrick Symons acquired 354 shares of the stock in a transaction on Friday, October 9th. The stock was bought at an average price of GBX 42 per share, with a total value of £148.68.

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

• On Wednesday, September 9th, Patrick Symons bought 319 shares of CLS stock. The shares were bought at an average price of GBX 47 per share, for a total transaction of £149.93.

CLS Price Performance

Shares of CLI traded down GBX 0.35 during mid-day trading on Tuesday, hitting GBX 44. 168,996 shares of the company traded hands, compared to its average volume of 726,085. CLS Holdings plc has a one year low of GBX 42 and a one year high of GBX 63.70. 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 business has a 50-day moving average of GBX 46.21 and a 200 day moving average of GBX 47.92. The stock has a market capitalization of £176.65 million, a price-to-earnings ratio of -1.83 and a beta of 1.01.

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

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on CLI shares. Berenberg Bank dropped their target price on 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 reiterated a “reduce” rating and issued a GBX 45 price target on shares of CLS in a report on Tuesday, August 4th. One equities research analyst has rated the stock with a Buy rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of GBX 48.

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.