CLS Holdings plc (LON:CLI – Get Free Report)’s share price crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 89.91 ($1.17) and traded as high as GBX 100 ($1.31). CLS shares last traded at GBX 98.60 ($1.29), with a volume of 69,595 shares changing hands.
Wall Street Analyst Weigh In
Separately, Berenberg Bank reaffirmed a “buy” rating and set a GBX 114 ($1.49) target price on shares of CLS in a research note on Monday, September 2nd.
Check Out Our Latest Stock Analysis on CLI
CLS Trading Up 0.6 %
CLS Cuts Dividend
The business also recently announced a dividend, which was paid on Wednesday, October 2nd. Investors of record on Thursday, September 5th were issued a GBX 2.60 ($0.03) dividend. This represents a dividend yield of 2.9%. The ex-dividend date of this dividend was Thursday, September 5th. CLS’s payout ratio is -1,538.46%.
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.
Read More
- Five stocks we like better than CLS
- 3 Ways To Invest In Coffee, Other Than Drinking It
- Whirlpool’s High Dividend Yield Is Too Good to Pass Up
- What Does Downgrade Mean in Investing?
- Holiday Spending Boom Ahead: 3 BNPL Stocks Poised for Gains
- Options Trading – Understanding Strike Price
- Boeing: A Perfect Storm of Trouble Is a Loaded Buying Opportunity
Receive News & Ratings for CLS Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CLS and related companies with MarketBeat.com's FREE daily email newsletter.