Insider Selling: Calian Group Ltd. (TSE:CGY) Director Sells 4,368 Shares of Stock

Calian Group Ltd. (TSE:CGY) Director Jo-Anne Cecile Poirier sold 4,368 shares of Calian Group stock in a transaction on Friday, December 13th. The shares were sold at an average price of C$47.15, for a total value of C$205,951.20.

Calian Group Stock Performance

CGY stock opened at C$46.81 on Thursday. Calian Group Ltd. has a twelve month low of C$42.88 and a twelve month high of C$61.24. The company has a quick ratio of 1.20, a current ratio of 1.38 and a debt-to-equity ratio of 39.88. The company has a market cap of C$554.70 million, a P/E ratio of 32.96, a price-to-earnings-growth ratio of 2.50 and a beta of 0.88. The business’s fifty day moving average is C$49.02 and its 200-day moving average is C$50.12.

Calian Group Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, December 23rd. Shareholders of record on Monday, December 23rd will be issued a dividend of $0.28 per share. This represents a $1.12 dividend on an annualized basis and a yield of 2.39%. The ex-dividend date of this dividend is Monday, December 9th. Calian Group’s dividend payout ratio (DPR) is currently 78.87%.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on CGY. Ventum Financial reduced their price target on shares of Calian Group from C$70.00 to C$68.00 in a research report on Wednesday, November 27th. Acumen Capital reduced their target price on shares of Calian Group from C$75.00 to C$70.00 in a research report 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. Based on data from MarketBeat.com, Calian Group has an average rating of “Buy” and a consensus 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.