Calian Group Ltd. (TSE:CGY) Director Acquires C$82,059.00 in Stock

Calian Group Ltd. (TSE:CGY) Director Valerie Sorbie purchased 1,700 shares of the stock in a transaction on Friday, December 27th. The shares were purchased at an average price of C$48.27 per share, for a total transaction of C$82,059.00.

Calian Group Trading Up 0.8 %

Shares of CGY stock opened at C$48.28 on Tuesday. The business has a 50-day moving average of C$48.50 and a 200 day moving average of C$49.68. The company has a debt-to-equity ratio of 39.88, a current ratio of 1.38 and a quick ratio of 1.20. Calian Group Ltd. has a 1-year low of C$42.88 and a 1-year high of C$61.24. The stock has a market capitalization of C$572.12 million, a PE ratio of 34.00, a P/E/G ratio of 2.50 and a beta of 0.88.

Calian Group Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 23rd. Stockholders of record on Monday, December 23rd were paid a dividend of $0.28 per share. This represents a $1.12 dividend on an annualized basis and a dividend yield of 2.32%. The ex-dividend date of this dividend was Monday, December 9th. Calian Group’s dividend payout ratio (DPR) is presently 78.87%.

Analyst Ratings Changes

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

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.