Insider Buying: CLS Holdings plc (LON:CLI) Insider Purchases £298,951.80 in Stock

CLS Holdings plc (LON:CLI) insider Bengt F. Mortstedt acquired 188,020 shares of CLS stock in a transaction dated Friday, March 20th. The shares were acquired at an average price of GBX 159 ($2.09) per share, with a total value of £298,951.80 ($393,254.14).

CLS stock opened at GBX 166.20 ($2.19) on Thursday. The firm has a 50-day moving average of GBX 243.58 and a 200-day moving average of GBX 262.02. CLS Holdings plc has a one year low of GBX 210 ($2.76) and a one year high of GBX 322.50 ($4.24). The company has a debt-to-equity ratio of 74.50, a current ratio of 1.49 and a quick ratio of 1.42. The company has a market cap of $677.09 million and a price-to-earnings ratio of 4.99.

The firm also recently disclosed a dividend, which will be paid on Wednesday, April 29th. Stockholders of record on Thursday, April 2nd will be paid a dividend of GBX 5.05 ($0.07) per share. This represents a dividend yield of 1.88%. This is an increase from CLS’s previous dividend of $2.35. The ex-dividend date is Thursday, April 2nd. CLS’s dividend payout ratio is currently 0.21%.

CLI has been the subject of a number of recent research reports. Liberum Capital restated a “buy” rating on shares of CLS in a research note on Wednesday. Peel Hunt restated an “add” rating on shares of CLS in a research note on Thursday, March 5th. Finally, Berenberg Bank restated a “buy” rating on shares of CLS in a research note on Wednesday, March 11th.

About CLS

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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Insider Buying and Selling by Quarter for CLS (LON:CLI)

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