CLS (LON:CLI) Insider Andrew Kirkman Buys 241 Shares

CLS Holdings plc (LON:CLI) insider Andrew Kirkman acquired 241 shares of CLS stock in a transaction on Wednesday, October 8th. The stock was acquired at an average cost of GBX 62 per share, for a total transaction of £149.42.

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

• On Monday, September 8th, Andrew Kirkman purchased 264 shares of CLS stock. The shares were bought at an average price of GBX 57 per share, for a total transaction of £150.48.
• On Friday, August 8th, Andrew Kirkman purchased 227 shares of CLS stock. The shares were bought at an average price of GBX 66 per share, for a total transaction of £149.82.

CLS Stock Down 2.5%

Shares of LON CLI opened at GBX 58.60 on Friday. The firm’s 50-day simple moving average is GBX 59.94 and its 200 day simple moving average is GBX 62.94. The company has a market cap of £233.29 million, a price-to-earnings ratio of -409.79 and a beta of 1.01. The company has a quick ratio of 0.59, a current ratio of 0.73 and a debt-to-equity ratio of 123.30. CLS Holdings plc has a 12-month low of GBX 53 and a 12-month high of GBX 101.40.

CLS (LON:CLI) last announced its earnings results on Wednesday, August 13th. The company reported GBX (6.10) earnings per share (EPS) for the quarter. CLS had a negative return on equity of 23.42% and a negative net margin of 134.11%. On average, research analysts expect that CLS Holdings plc will post 10.0104167 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Separately, Berenberg Bank reduced their price objective on CLS from GBX 100 to GBX 85 and set a “buy” rating on the stock in a report on Thursday, September 4th. One research analyst has rated the stock with a Buy rating, According to MarketBeat, the stock currently has an average rating of “Buy” and an average target price of GBX 85.

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.