Susan Jane Ivay Sells 362 Shares of Calian Group (TSE:CGY) Stock

Calian Group Ltd. (TSE:CGY) insider Susan Jane Ivay sold 362 shares of Calian Group stock in a transaction on Wednesday, November 19th. The shares were sold at an average price of C$48.15, for a total value of C$17,430.30. Following the completion of the transaction, the insider owned 5,877 shares of the company’s stock, valued at approximately C$282,977.55. This trade represents a 5.80% decrease in their ownership of the stock.

Susan Jane Ivay also recently made the following trade(s):

• On Wednesday, November 19th, Susan Jane Ivay sold 134 shares of Calian Group stock. The stock was sold at an average price of C$48.15, for a total value of C$6,452.10.
• On Wednesday, November 19th, Susan Jane Ivay sold 168 shares of Calian Group stock. The shares were sold at an average price of C$48.15, for a total value of C$8,089.20.

Calian Group Stock Up 0.7%

Shares of CGY traded up C$0.34 during midday trading on Monday, hitting C$46.21. The company had a trading volume of 28,168 shares, compared to its average volume of 31,167. Calian Group Ltd. has a 1 year low of C$37.70 and a 1 year high of C$53.74. The firm has a market capitalization of C$524.25 million, a P/E ratio of -770.17, a P/E/G ratio of 2.50 and a beta of 0.43. The company has a debt-to-equity ratio of 39.54, a quick ratio of 1.20 and a current ratio of 1.29. The company’s 50-day simple moving average is C$50.57 and its 200-day simple moving average is C$48.74.

Calian Group Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 9th. Shareholders of record on Tuesday, September 9th were issued a dividend of $0.28 per share. This represents a $1.12 annualized dividend and a yield of 2.4%. The ex-dividend date was Tuesday, August 26th. Calian Group’s payout ratio is -1,866.67%.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on the stock. Desjardins dropped their price objective on shares of Calian Group from C$62.00 to C$59.00 and set a “buy” rating on the stock in a research report on Thursday, August 14th. Ventum Financial dropped their target price on Calian Group from C$60.00 to C$58.00 and set a “buy” rating on the stock in a report on Thursday, August 14th. Finally, CIBC raised their price target on Calian Group from C$59.00 to C$62.00 and gave the company an “outperform” rating in a research note on Wednesday, October 29th. Five investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, Calian Group has an average rating of “Buy” and an average price target of C$61.17.

Calian Group Company Profile

Calian Group Ltd operates through four segments namely Advanced Technologies, Health, Learning, and Information Technology. It generates maximum revenue from the Health segment. The company serves health, defence, security, aerospace, engineering, AgTech, and IT industries. Its Health segment includes Clinical Services; Nursing Services; Psychological Services and Medical Property Management.