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The latest update is out from CLS Holdings ( (GB:CLI) ).
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 217 Partnership Shares at 69.2 pence per share and received an equal number of Matching Shares. This transaction, conducted on the London Stock Exchange, reflects the executives’ continued investment in the company, potentially signaling confidence in its future performance.
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 of 59 reflects a mix of challenging financial performance and positive corporate events. The company’s financial health is a significant risk due to persistent losses and high leverage, impacting its valuation negatively. However, the upward technical trend and positive corporate actions, such as insider purchases and strategic asset sales, provide some optimism for future performance.
To see Spark’s full report on GB:CLI stock, click here.
More about CLS Holdings
Average Trading Volume: 684,687
Technical Sentiment Signal: Strong Sell
Current Market Cap: £275.8M
Find detailed analytics on CLI stock on TipRanks’ Stock Analysis page.