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

CLS Holdings plc (LON:CLI) 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 business has a 50-day simple moving average of GBX 91.69 and a 200-day simple moving average of GBX 89.48. The company has a market cap of £381.12 million, a PE 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. Shareholders of record on Thursday, September 5th will be paid a GBX 2.60 ($0.03) dividend. The ex-dividend date is Thursday, September 5th. This represents a dividend yield of 2.9%. CLS’s dividend payout ratio (DPR) is -1,538.46%.

About CLS

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.