Insider Buying: CLS (LON:CLI) Insider Purchases £151.20 in Stock

CLS Holdings plc (LON:CLI) insider Andrew Kirkman acquired 252 shares of the firm’s stock in a transaction that occurred on Monday, December 8th. The stock was bought at an average price of GBX 60 per share, for a total transaction of £151.20.

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

• On Wednesday, October 8th, Andrew Kirkman bought 241 shares of CLS stock. The shares were bought at an average price of GBX 62 per share, with a total value of £149.42.

CLS Price Performance

CLI stock opened at GBX 58.40 on Friday. The company has a debt-to-equity ratio of 123.30, a current ratio of 0.73 and a quick ratio of 0.59. CLS Holdings plc has a one year low of GBX 53 and a one year high of GBX 82.50. The stock has a market cap of £232.50 million, a PE ratio of -4.08 and a beta of 1.01. The firm has a 50 day simple moving average of GBX 59.28 and a two-hundred day simple moving average of GBX 61.91.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on CLI. Berenberg Bank reiterated a “buy” rating and set a GBX 70 price objective on shares of CLS in a research report on Tuesday, December 2nd. Peel Hunt restated a “hold” rating and issued a GBX 70 target price on shares of CLS in a research report on Wednesday, December 3rd. One analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of GBX 70.

About CLS

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.