CLS (LON:CLI) Shares Up 0.7% – Here’s What Happened

CLS Holdings plc (LON:CLI)’s stock price shot up 0.7% on Thursday . The company traded as high as GBX 82 ($1.03) and last traded at GBX 81.60 ($1.03). 139,298 shares changed hands during trading, a decline of 56% from the average session volume of 315,251 shares. The stock had previously closed at GBX 81 ($1.02).

Analyst Ratings Changes

Separately, Berenberg Bank reissued a “buy” rating and issued a GBX 114 ($1.44) target price on shares of CLS in a research report on Monday, September 2nd.

CLS Stock Down 0.6 %

The company has a current ratio of 0.73, a quick ratio of 0.59 and a debt-to-equity ratio of 123.30. The company has a market capitalization of £322.30 million, a PE ratio of -155.96 and a beta of 1.01. The business has a fifty day moving average of GBX 89.88 and a 200 day moving average of GBX 90.65.

CLS Company Profile

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.