CLS (LON:CLI) Announces Earnings Results

CLS (LON:CLI) released its earnings results on Tuesday. The company reported GBX (23.60) (($0.31)) earnings per share 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 Trading Down 1.2 %

Shares of CLI stock opened at GBX 64.13 ($0.83) on Thursday. The company has a 50-day moving average of GBX 71.54 and a two-hundred day moving average of GBX 81.52. The firm has a market cap of £255.55 million, a PE ratio of -1.24 and a beta of 1.01. CLS has a 1-year low of GBX 62.50 ($0.81) and a 1-year high of GBX 101.40 ($1.32). The company has a debt-to-equity ratio of 123.30, a current ratio of 0.73 and a quick ratio of 0.59.

Wall Street Analyst Weigh In

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

About CLS

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.