Calian Group Ltd. (TSE:CGY) Director Sells C$205,951.20 in Stock

Calian Group Ltd. (TSE:CGY) Director Jo-Anne Cecile Poirier sold 4,368 shares of the business’s stock in a transaction on Friday, December 13th. The shares were sold at an average price of C$47.15, for a total value of C$205,951.20.

Calian Group Stock Down 1.8 %

CGY stock opened at C$46.64 on Monday. The stock has a 50-day simple moving average of C$49.00 and a two-hundred day simple moving average of C$50.31. The company has a quick ratio of 1.20, a current ratio of 1.38 and a debt-to-equity ratio of 39.88. Calian Group Ltd. has a twelve month low of C$42.88 and a twelve month high of C$61.24. The firm has a market capitalization of C$552.68 million, a PE ratio of 32.85, a PEG ratio of 2.50 and a beta of 0.88.

Calian Group Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, December 23rd. Stockholders of record on Monday, December 23rd will be issued a $0.28 dividend. The ex-dividend date is Monday, December 9th. This represents a $1.12 annualized dividend and a dividend yield of 2.40%. Calian Group’s payout ratio is currently 78.87%.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on CGY shares. Ventum Financial decreased their price objective on Calian Group from C$70.00 to C$68.00 in a report on Wednesday, November 27th. Acumen Capital reduced their target price on shares of Calian Group from C$75.00 to C$70.00 in a research note on Wednesday, November 27th. Six equities research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Buy” and an average price target of C$72.29.

Calian Group Company Profile

Calian Group Ltd. provides business services and solutions in Canada and internationally. It operates through four segment: Advanced Technologies, Health, Learning, and IT and Cyber Solutions (ITCS). The company offers systems engineering, software development, integration design, embedded design, operational management and lifecycle support, modelling and simulation-enabled design, and research & development solutions and services; environmental and radiation protection, decommissioning and waste management, regulatory affairs and licensing, and emergency preparedness and training services; and sophisticated communication systems for the satellite industry, such as antennas, RF systems, decimator RF spectrum analyzers, in-orbit test systems, software defined solutions, operations and teleport services, transmitters, receivers, and modems.