George Brian Weber Buys 250 Shares of Calian Group Ltd. (TSE:CGY) Stock

Calian Group Ltd. (TSE:CGY) Director George Brian Weber purchased 250 shares of the firm’s stock in a transaction dated Thursday, February 20th. The stock was purchased at an average cost of C$44.40 per share, for a total transaction of C$11,100.00.

George Brian Weber also recently made the following trade(s):

• On Tuesday, December 24th, George Brian Weber purchased 500 shares of Calian Group stock. The stock was purchased at an average cost of C$46.95 per share, for a total transaction of C$23,475.00.
• On Friday, December 20th, George Brian Weber purchased 65 shares of Calian Group stock. The stock was purchased at an average cost of C$53.14 per share, for a total transaction of C$3,454.10.

Calian Group Stock Performance

TSE CGY opened at C$43.81 on Friday. The company has a 50-day simple moving average of C$48.24 and a two-hundred day simple moving average of C$47.89. The company has a quick ratio of 1.20, a current ratio of 1.29 and a debt-to-equity ratio of 39.54. Calian Group Ltd. has a 12-month low of C$42.88 and a 12-month high of C$60.29. The firm has a market cap of C$520.07 million, a price-to-earnings ratio of 46.91, a PEG ratio of 2.50 and a beta of 0.88.

Calian Group Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, March 12th. Shareholders of record on Wednesday, March 12th will be given a dividend of $0.28 per share. The ex-dividend date is Wednesday, February 26th. This represents a $1.12 annualized dividend and a yield of 2.56%. Calian Group’s payout ratio is 119.93%.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on CGY. Acumen Capital cut their target price on shares of Calian Group from C$75.00 to C$70.00 in a research report on Wednesday, November 27th. CIBC cut their target price on shares of Calian Group from C$63.00 to C$62.00 in a research report on Friday, February 14th. Finally, Ventum Financial cut their target price on shares of Calian Group from C$70.00 to C$68.00 in a research report 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’s stock. According to MarketBeat.com, Calian Group currently has an average rating of “Buy” and an average target price of C$72.14.

About Calian Group

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.