Liberum Capital Reiterates “Buy” Rating for CLS (LON:CLI)
Liberum Capital reissued their buy rating on shares of CLS (LON:CLI) in a report issued on Wednesday morning, ThisIsMoney.Co.Uk reports.
Other analysts also recently issued reports about the stock. Peel Hunt reissued a buy rating on shares of CLS in a report on Friday, August 9th. Berenberg Bank reissued a buy rating on shares of CLS in a report on Friday, June 14th.
CLS stock traded down GBX 0.50 ($0.01) during mid-day trading on Wednesday, reaching GBX 220 ($2.87). The company had a trading volume of 101,281 shares, compared to its average volume of 117,533. The company has a current ratio of 1.02, a quick ratio of 0.65 and a debt-to-equity ratio of 74.93. CLS has a 52 week low of GBX 195 ($2.55) and a 52 week high of GBX 257 ($3.36). The stock’s 50 day simple moving average is GBX 224.72. The stock has a market cap of $896.27 million and a price-to-earnings ratio of 7.21.
In other CLS news, insider Andrew Kirkman acquired 20,000 shares of the company’s stock in a transaction dated Wednesday, August 14th. The stock was bought at an average price of GBX 228 ($2.98) per share, for a total transaction of £45,600 ($59,584.48). In the last 90 days, insiders bought 70,133 shares of company stock valued at $15,589,954.
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.
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