CLS (LON:CLI) Releases Earnings Results

CLS (LON:CLI) issued its earnings results on Tuesday. The company reported GBX (23.60) (($0.31)) EPS for the quarter, Digital Look Earnings reports. CLS had a negative net margin of 134.11% and a negative return on equity of 23.42%.

CLS Stock Performance

Shares of LON CLI traded down GBX 0.80 ($0.01) during trading on Thursday, reaching GBX 64.10 ($0.83). 2,852,612 shares of the company traded hands, compared to its average volume of 1,172,847. The stock has a market cap of £255.43 million, a P/E ratio of -1.24 and a beta of 1.01. The firm’s fifty day simple moving average is GBX 71.54 and its 200 day simple moving average is GBX 81.52. The company has a current ratio of 0.73, a quick ratio of 0.59 and a debt-to-equity ratio of 123.30. CLS has a 12-month low of GBX 62.50 ($0.81) and a 12-month high of GBX 101.40 ($1.32).

Analysts Set New Price Targets

Separately, Berenberg Bank reaffirmed a “buy” rating and issued a GBX 114 ($1.48) price objective on shares of CLS in a report on Tuesday.

CLS Company Profile

We are a commercial property investment company with a £2.1bn portfolio listed on the Premium Main Market on the London Stock Exchange, specialising in future-focused office space in the UK, Germany and France. Through geographical diversification, local expertise and an active management approach, we transform office properties into sustainable, modern spaces that help our tenants’ businesses to grow.