Calian Group Ltd. (TSE:CGY) Director Sells C$210,077.46 in Stock

Calian Group Ltd. (TSE:CGY) Director Young Park sold 4,194 shares of Calian Group stock in a transaction dated Monday, December 9th. The shares were sold at an average price of C$50.09, for a total value of C$210,077.46.

Calian Group Stock Performance

Shares of Calian Group stock traded down C$0.48 during trading on Tuesday, hitting C$48.27. 12,078 shares of the company’s stock were exchanged, compared to its average volume of 14,915. The stock has a market capitalization of C$572.00 million, a price-to-earnings ratio of 34.33, a PEG ratio of 2.50 and a beta of 0.88. The business has a 50-day simple moving average of C$48.93 and a 200-day simple moving average of C$50.52. Calian Group Ltd. has a 52-week low of C$42.88 and a 52-week high of C$61.24. The company has a debt-to-equity ratio of 39.88, a quick ratio of 1.20 and a current ratio of 1.38.

Calian Group Announces Dividend

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

Analyst Ratings Changes

Several equities analysts have issued reports on the company. Acumen Capital cut their target price on Calian Group from C$75.00 to C$70.00 in a research note on Wednesday, November 27th. Ventum Financial dropped their price target on Calian Group from C$70.00 to C$68.00 in a research note 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 stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Buy” and an average target price of C$72.29.

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.