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

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

Calian Group Stock Down 1.3 %

CGY opened at C$47.50 on Friday. The stock has a market capitalization of C$562.88 million, a P/E ratio of 33.45, a price-to-earnings-growth ratio of 2.50 and a beta of 0.88. The company has a debt-to-equity ratio of 39.88, a quick ratio of 1.20 and a current ratio of 1.38. Calian Group Ltd. has a one year low of C$42.88 and a one year high of C$61.24. The business’s 50-day simple moving average is C$49.02 and its 200-day simple moving average is C$50.37.

Calian Group Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 23rd. Shareholders of record on Monday, December 23rd will be paid a $0.28 dividend. This represents a $1.12 dividend on an annualized basis and a yield of 2.36%. The ex-dividend date of this dividend is Monday, December 9th. Calian Group’s dividend payout ratio is currently 78.87%.

Analyst Ratings Changes

A number of analysts have weighed in on CGY shares. Ventum Financial cut their price target on Calian Group from C$70.00 to C$68.00 in a research note on Wednesday, November 27th. Acumen Capital cut their target price on Calian Group from C$75.00 to C$70.00 in a research report on Wednesday, November 27th. Six research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the company has an average rating of “Buy” and a consensus target price of C$72.29.

Read Our Latest Research Report on CGY

Calian Group Company Profile

(Get Free Report)

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.

Recommended Stories

Insider Buying and Selling by Quarter for Calian Group (TSE:CGY)

Receive News & Ratings for Calian Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Calian Group and related companies with MarketBeat.com's FREE daily email newsletter.