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

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

Calian Group Trading Up 0.1 %

Shares of CGY stock opened at C$44.28 on Friday. The company has a current ratio of 1.29, a quick ratio of 1.20 and a debt-to-equity ratio of 39.54. Calian Group Ltd. has a 12-month low of C$42.88 and a 12-month high of C$60.42. The stock has a market capitalization of C$525.65 million, a P/E ratio of 47.41, a P/E/G ratio of 2.50 and a beta of 0.88. The firm’s 50 day moving average is C$48.30 and its 200 day moving average is C$47.97.

Calian Group Dividend Announcement

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

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on CGY shares. 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 Calian Group from C$75.00 to C$70.00 in a report on Wednesday, November 27th. Finally, CIBC decreased their price target on Calian Group from C$63.00 to C$62.00 in a research note on Friday, February 14th. Six investment analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the stock 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.