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CLS Holdings ( (GB:CLI) ) just unveiled an update.
CLS Holdings plc announced that its CEO, Fredrik Widlund, and CFO, Andrew Kirkman, acquired ordinary shares under the company’s Share Incentive Plan. Each executive purchased 228 Partnership Shares and received an equal number of Matching Shares, with the transactions conducted at a price of 65.7 pence per share on the London Stock Exchange. This move aligns with the company’s strategy to incentivize its leadership, potentially impacting its market positioning by reinforcing executive commitment.
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 score reflects financial challenges with high leverage and persistent losses, impacting profitability. Technical indicators are neutral, with no clear trend. Valuation is weakened by a negative P/E ratio, though the high dividend yield is positive. Insider buying is a strong positive signal, indicating confidence in future prospects.
To see Spark’s full report on GB:CLI stock, click here.
More about CLS Holdings
Average Trading Volume: 1,145,625
Technical Sentiment Signal: Strong Sell
Current Market Cap: £259.1M
For a thorough assessment of CLI stock, go to TipRanks’ Stock Analysis page.