Andrew Kirkman Purchases 170 Shares of CLS Holdings plc (LON:CLI) Stock

CLS Holdings plc (LON:CLI) insider Andrew Kirkman acquired 170 shares of the stock in a transaction on Tuesday, May 7th. The stock was bought at an average price of GBX 88 ($1.11) per share, with a total value of £149.60 ($187.94).

Andrew Kirkman also recently made the following trade(s):

• On Wednesday, March 13th, Andrew Kirkman acquired 162 shares of CLS stock. The stock was bought at an average price of GBX 93 ($1.17) per share, with a total value of £150.66 ($189.27).

CLS Price Performance

Shares of CLS stock opened at GBX 84.90 ($1.07) on Thursday. The company has a quick ratio of 0.59, a current ratio of 0.99 and a debt-to-equity ratio of 115.59. The company has a market cap of £337.40 million, a PE ratio of -136.51 and a beta of 0.95. The business has a 50 day moving average of GBX 86.62 and a 200 day moving average of GBX 92.47. CLS Holdings plc has a 52 week low of GBX 80 ($1.01) and a 52 week high of GBX 149.39 ($1.88).

CLS Increases Dividend

The firm also recently announced a dividend, which was paid on Thursday, May 2nd. Investors of record on Thursday, March 21st were issued a dividend of GBX 5.35 ($0.07) per share. This represents a dividend yield of 5.82%. The ex-dividend date of this dividend was Thursday, March 21st. This is an increase from CLS’s previous dividend of $2.60. CLS’s dividend payout ratio is currently -1,269.84%.

Analysts Set New Price Targets

Separately, Berenberg Bank reiterated a “buy” rating and issued a GBX 114 ($1.43) price objective on shares of CLS in a research report on Tuesday, March 12th.

CLS Company Profile

CLS Holdings plc, together with its subsidiaries, engages in the investment, development, and management of commercial properties in the United Kingdom, Germany, and France. The company operates in two segments, Investment Properties and Other Investments. It also invests in a hotel and other corporate investments.