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CLS Holdings Director Increases Stake with Share Purchase

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CLS Holdings Director Increases Stake with Share Purchase

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The latest announcement is out from CLS Holdings ( (GB:CLI) ).

CLS Holdings plc, a company involved in property investment and management, announced that Eva Lindqvist, a Non-Executive Director, purchased 21,400 ordinary shares at an average price of 69.57 pence per share. This transaction, conducted on the London Stock Exchange, is significant as it reflects confidence from the company’s leadership in its market position and future prospects, potentially impacting stakeholder perceptions positively.

The most recent analyst rating on (GB:CLI) stock is a Buy with a £1.00 price target. To see the full list of analyst forecasts on CLS Holdings stock, see the GB:CLI Stock Forecast page.

Spark’s Take on GB:CLI Stock

According to Spark, TipRanks’ AI Analyst, GB:CLI is a Neutral.

The overall stock score reflects a mixed outlook. Financial performance and valuation challenges weigh heavily due to ongoing net losses and a negative P/E ratio. However, technical analysis indicates strong momentum, and recent corporate events suggest strategic improvements and management confidence, contributing positively to the score.

To see Spark’s full report on GB:CLI stock, click here.

More about CLS Holdings

Average Trading Volume: 719,738

Technical Sentiment Signal: Sell

Current Market Cap: £276.2M

See more data about CLI stock on TipRanks’ Stock Analysis page.

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