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CLS (LON:CLI) Stock Crosses Above Two Hundred Day Moving Average - What's Next?

CLS logo with Real Estate background

CLS Holdings plc (LON:CLI - Get Free Report)'s share price crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 91.41 ($1.19) and traded as high as GBX 91.60 ($1.19). CLS shares last traded at GBX 90 ($1.17), with a volume of 93,418 shares.

Wall Street Analyst Weigh In

Separately, Berenberg Bank reaffirmed a "buy" rating and issued a GBX 114 ($1.48) price objective on shares of CLS in a research report on Monday, September 2nd.

Get Our Latest Report on CLI

CLS Stock Performance

The company's fifty day moving average price is GBX 93.98 and its two-hundred day moving average price is GBX 91.44. The company has a debt-to-equity ratio of 123.30, a quick ratio of 0.59 and a current ratio of 0.73. The firm has a market capitalization of £351.71 million, a PE ratio of -170.19 and a beta of 1.01.

CLS Company Profile

(Get Free Report)

CLS Holdings plc, together with its subsidiaries, engages in the investment, development, and management of commercial properties in the United Kingdom, Germany, and France. The company operates in two segments, Investment Properties and Other Investments. It also invests in a hotel and other corporate investments.

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