Calian Group Ltd. (TSE:CGY) Director Buys C$26,850.00 in Stock

Calian Group Ltd. (TSE:CGY) Director Lori O’neill purchased 600 shares of the stock in a transaction on Tuesday, February 18th. The shares were purchased at an average price of C$44.75 per share, for a total transaction of C$26,850.00. Following the transaction, the director now directly owns 600 shares of the company’s stock, valued at approximately C$26,850. This represents a ∞ increase in their ownership of the stock.

Calian Group Trading Down 0.9 %

TSE:CGY traded down C$0.39 during mid-day trading on Tuesday, reaching C$44.11. 27,069 shares of the company’s stock traded hands, compared to its average volume of 34,459. Calian Group Ltd. has a 12-month low of C$42.88 and a 12-month high of C$60.84. The firm has a market capitalization of C$523.63 million, a price-to-earnings ratio of 47.23, a PEG ratio of 2.50 and a beta of 0.88. The company has a debt-to-equity ratio of 39.54, a current ratio of 1.29 and a quick ratio of 1.20. The company has a 50 day moving average price of C$48.53 and a 200-day moving average price of C$48.17.

Calian Group Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, March 12th. Investors of record on Wednesday, March 12th will be issued a dividend of $0.28 per share. The ex-dividend date of this dividend is Wednesday, February 26th. This represents a $1.12 dividend on an annualized basis and a yield of 2.54%. Calian Group’s dividend payout ratio is presently 119.93%.

Wall Street Analyst Weigh In

CGY has been the topic of several analyst reports. CIBC decreased their price objective on Calian Group from C$63.00 to C$62.00 in a report on Friday. Ventum Financial decreased their price objective on Calian Group from C$70.00 to C$68.00 in a report on Wednesday, November 27th. Finally, Acumen Capital decreased their price objective on Calian Group from C$75.00 to C$70.00 in a report on Wednesday, November 27th. Six investment analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, Calian Group currently has a consensus rating of “Buy” and an average price target of C$72.14.

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.