Lori O’neill Acquires 600 Shares of Calian Group Ltd. (TSE:CGY) Stock

Calian Group Ltd. (TSE:CGY) Director Lori O’neill acquired 600 shares of the business’s stock in a transaction on Tuesday, February 18th. The shares were purchased at an average cost of C$44.75 per share, for a total transaction 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 represents a ∞ increase in their position.

Calian Group Stock Down 0.9 %

Shares of CGY traded down C$0.39 during mid-day trading on Tuesday, reaching C$44.11. The company had a trading volume of 27,069 shares, compared to its average volume of 34,459. 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 firm has a 50-day moving average price of C$48.53 and a 200 day moving average price of C$48.17. Calian Group Ltd. has a 52 week low of C$42.88 and a 52 week high of C$60.84. The company has a market capitalization of C$523.63 million, a price-to-earnings ratio of 47.23, a price-to-earnings-growth ratio of 2.50 and a beta of 0.88.

Calian Group Dividend Announcement

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

Analyst Upgrades and Downgrades

CGY has been the topic of several research reports. CIBC cut their price objective on Calian Group from C$63.00 to C$62.00 in a research report on Friday. Ventum Financial cut their price objective on Calian Group from C$70.00 to C$68.00 in a research report on Wednesday, November 27th. Finally, Acumen Capital cut their price objective on Calian Group from C$75.00 to C$70.00 in a research report 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. According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus target price 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.