CLS Holdings plc (LON:CLI) insider Sten A. Mortstedt acquired 300,000 shares of CLS stock in a transaction that occurred on Monday, March 23rd. The shares were purchased at an average cost of GBX 159 ($2.09) per share, with a total value of £477,000 ($627,466.46).
Shares of LON CLI opened at GBX 179.80 ($2.37) on Friday. The stock’s 50-day simple moving average is GBX 243.58 and its two-hundred day simple moving average is GBX 262.02. CLS Holdings plc has a twelve month low of GBX 210 ($2.76) and a twelve month high of GBX 322.50 ($4.24). The firm has a market capitalization of $677.09 million and a P/E ratio of 5.40. The company has a quick ratio of 1.42, a current ratio of 1.49 and a debt-to-equity ratio of 74.50.
The firm also recently declared a dividend, which will be paid on Wednesday, April 29th. Stockholders of record on Thursday, April 2nd will be given a dividend of GBX 5.05 ($0.07) per share. This represents a dividend yield of 1.88%. The ex-dividend date is Thursday, April 2nd. This is an increase from CLS’s previous dividend of $2.35. CLS’s dividend payout ratio (DPR) is 0.21%.
Several equities analysts recently commented on CLI shares. Peel Hunt reaffirmed an “add” rating on shares of CLS in a research note on Thursday, March 5th. Berenberg Bank restated a “buy” rating on shares of CLS in a research report on Wednesday, March 11th. Finally, Liberum Capital reaffirmed a “buy” rating on shares of CLS in a report on Wednesday.
CLS Holdings plc, together with its subsidiaries, engages in the investment, development, and management of commercial properties in the United Kingdom, France, Germany, and France. It operates in two segments, Investment Property and Other Investments. The company also invests a hotel; and corporate bonds, shares, and other corporate investments.
Featured Article: The Structure of a Futures Contract
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.