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CLS Holdings ( (GB:CLI) ) has provided an update.
CLS Holdings plc has announced that its CEO, Fredrik Widlund, and CFO, Andrew Kirkman, have acquired ordinary shares under the company’s Share Incentive Plan. The shares were purchased at 60.2 pence each, with both executives receiving one matching share for each partnership share purchased. This transaction is part of the company’s ongoing efforts to align management interests with those of shareholders, potentially impacting the company’s market perception positively.
The most recent analyst rating on (GB:CLI) stock is a Buy with a £70.00 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 of 54 reflects significant financial challenges, including persistent net losses and high leverage, which weigh heavily on the company’s outlook. While technical indicators show some positive momentum, the valuation is hindered by a negative P/E ratio. The dividend yield offers a slight positive aspect, but the overall financial health remains a concern.
To see Spark’s full report on GB:CLI stock, click here.
More about CLS Holdings
Average Trading Volume: 577,129
Technical Sentiment Signal: Strong Sell
Current Market Cap: £234.5M
For an in-depth examination of CLI stock, go to TipRanks’ Overview page.