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

Calian Group Ltd. (TSE:CGY) Director Lori O’neill bought 600 shares of the company’s stock in a transaction dated Tuesday, February 18th. The stock was bought at an average cost of C$44.75 per share, with a total value of C$26,850.00. Following the completion of the transaction, the director now owns 600 shares in the company, valued at approximately C$26,850. This trade represents a ∞ increase in their position.

Calian Group Price Performance

Shares of CGY opened at C$44.28 on Friday. Calian Group Ltd. has a fifty-two week low of C$42.88 and a fifty-two week high of C$60.42. The firm’s 50-day simple moving average is C$48.30 and its two-hundred day simple moving average is C$47.97. The stock has a market cap of C$525.65 million, a PE ratio of 47.41, a price-to-earnings-growth ratio of 2.50 and a beta of 0.88. The company has a debt-to-equity ratio of 39.54, a quick ratio of 1.20 and a current ratio of 1.29.

Calian Group Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, March 12th. Investors of record on Wednesday, March 12th will be paid a $0.28 dividend. The ex-dividend date is Wednesday, February 26th. This represents a $1.12 annualized dividend and a dividend yield of 2.53%. Calian Group’s payout ratio is currently 119.93%.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on CGY shares. CIBC decreased their price target on shares of Calian Group from C$63.00 to C$62.00 in a research note on Friday, February 14th. Acumen Capital decreased their target price on Calian Group from C$75.00 to C$70.00 in a research report on Wednesday, November 27th. Finally, Ventum Financial lowered their target price on Calian Group from C$70.00 to C$68.00 in a research note on Wednesday, November 27th. Six analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the stock presently has an average 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.