CLS (LON:CLI) Stock Crosses Above Two Hundred Day Moving Average of $89.48

CLS Holdings plc (LON:CLIGet Free Report) passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 89.48 ($1.18) and traded as high as GBX 95.90 ($1.26). CLS shares last traded at GBX 95.90 ($1.26), with a volume of 225,986 shares changing hands.

CLS Trading Up 6.1 %

The company’s 50-day moving average price is GBX 91.69 and its 200-day moving average price is GBX 89.47. The firm has a market cap of £381.12 million, a price-to-earnings ratio of -184.42 and a beta of 0.99. The company has a quick ratio of 0.59, a current ratio of 0.73 and a debt-to-equity ratio of 123.30.

CLS Cuts Dividend

The firm also recently declared a dividend, which will be paid on Wednesday, October 2nd. Investors of record on Thursday, September 5th will be given a dividend of GBX 2.60 ($0.03) per share. The ex-dividend date of this dividend is Thursday, September 5th. This represents a yield of 2.9%. CLS’s payout ratio is presently -1,538.46%.

CLS Company Profile

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CLS Holdings plc, together with its subsidiaries, engages in the investment, development, and management of commercial properties in the United Kingdom, Germany, and France. The company operates in two segments, Investment Properties and Other Investments. It also invests in a hotel and other corporate investments.

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