CLS Holdings plc (LON:CLI – Get Free Report) crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 58.95 and traded as low as GBX 48.55. CLS shares last traded at GBX 48.55, with a volume of 394,390 shares traded.
Analyst Ratings Changes
Several research firms have issued reports on CLI. Peel Hunt reiterated a “hold” rating and issued a GBX 70 target price on shares of CLS in a research note on Wednesday, December 3rd. Berenberg Bank increased their price target on shares of CLS from GBX 70 to GBX 80 and gave the company a “buy” rating in a research report on Monday, January 26th. One analyst has rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of GBX 75.
Check Out Our Latest Report on CLS
CLS Stock Up 0.5%
CLS (LON:CLI – Get Free Report) last issued its quarterly earnings data on Friday, March 13th. The company reported GBX (12.60) EPS for the quarter. CLS had a negative net margin of 36.01% and a negative return on equity of 6.67%. On average, analysts forecast that CLS Holdings plc will post 10.0104167 EPS for the current year.
Insider Transactions at CLS
In other CLS news, insider Johannes Conradi bought 200,000 shares of CLS stock in a transaction that occurred on Friday, March 13th. The shares were bought at an average cost of GBX 52 per share, with a total value of £104,000. 60.56% of the stock is owned by corporate insiders.
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.
Further Reading
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