CLS (LON:CLI) Shares Pass Below 200-Day Moving Average – Here’s Why

Posted by ABMN Staff on Jun 5th, 2026

CLS Holdings plc (LON:CLI – Get Free Report)’s stock price crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 55.16 and traded as low as GBX 46.85. CLS shares last traded at GBX 47, with a volume of 93,714 shares traded.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank cut their target price on CLS from GBX 80 to GBX 58 and set a “buy” rating for the company in a research note on Wednesday, May 6th. One research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of GBX 64.

Check Out Our Latest Analysis on CLS

CLS Stock Performance

The company has a debt-to-equity ratio of 121.99, a quick ratio of 0.59 and a current ratio of 0.29. The company has a market cap of £187.39 million, a PE ratio of -3.74 and a beta of 0.99. The business’s 50-day moving average is GBX 48.30 and its 200 day moving average is GBX 55.16.

CLS (LON:CLI – Get Free Report) last announced its quarterly earnings data on Friday, March 13th. The company reported GBX (12.60) earnings per share (EPS) for the quarter. CLS had a negative net margin of 36.01% and a negative return on equity of 6.67%. On average, equities research analysts predict that CLS Holdings plc will post 10.0104167 EPS for the current fiscal year.

Insider Activity at CLS

In related news, insider Johannes Conradi acquired 200,000 shares of the stock in a transaction on Friday, March 13th. The stock was purchased at an average price of GBX 52 per share, for a total transaction of £104,000. Also, insider Fredrik Widlund acquired 100,000 shares of the company’s stock in a transaction dated Wednesday, April 29th. The shares were bought at an average cost of GBX 49 per share, with a total value of £49,000. Over the last 90 days, insiders have purchased 320,664 shares of company stock worth $16,255,068. 60.56% of the stock is owned by corporate insiders.

CLS Company Profile

(Get Free Report)

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.