CLS (LON:CLI) Posts 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 return on equity of 23.42% and a negative net margin of 134.11%.

CLS Price Performance

Shares of LON:CLI opened at GBX 64.60 ($0.84) on Thursday. The company has a debt-to-equity ratio of 123.30, a quick ratio of 0.59 and a current ratio of 0.73. The firm has a market cap of £257.42 million, a price-to-earnings ratio of -1.24 and a beta of 1.01. The business has a 50-day simple moving average of GBX 71.54 and a two-hundred day simple moving average of GBX 81.52. CLS has a fifty-two week low of GBX 62.50 ($0.81) and a fifty-two week high of GBX 101.40 ($1.32).

Analysts Set New Price Targets

Separately, Berenberg Bank reiterated a “buy” rating and issued a GBX 114 ($1.48) price target on shares of CLS in a research note 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.