CLS Holdings plc (LON:CLI - Get Free Report) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 91.05 ($1.18) and traded as high as GBX 99 ($1.28). CLS shares last traded at GBX 95.40 ($1.24), with a volume of 106,098 shares trading hands.
Analyst Ratings Changes
Separately, Berenberg Bank reissued a "buy" rating and set a GBX 114 ($1.48) price target on shares of CLS in a research report on Monday, September 2nd.
Get Our Latest Research Report on CLS
CLS Stock Performance
The firm has a market cap of £372.37 million, a price-to-earnings ratio of -180.27 and a beta of 1.01. The company has a quick ratio of 0.59, a current ratio of 0.73 and a debt-to-equity ratio of 123.30. The stock has a 50 day moving average of GBX 94.03 and a 200 day moving average of GBX 91.09.
CLS Cuts Dividend
The company also recently declared a dividend, which was paid on Wednesday, October 2nd. Investors of record on Thursday, September 5th were given a dividend of GBX 2.60 ($0.03) per share. The ex-dividend date was Thursday, September 5th. This represents a dividend yield of 2.9%. CLS's dividend payout ratio is -1,538.46%.
About CLS
(
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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.
Further Reading
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