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

Calian Group Ltd. (TSE:CGY) Director Lori O’neill acquired 600 shares of the firm’s stock in a transaction that occurred on Tuesday, February 18th. The shares were bought at an average cost of C$44.75 per share, for a total transaction of C$26,850.00. Following the purchase, the director now owns 600 shares of the company’s stock, valued at approximately C$26,850. The trade was a ? increase in their ownership of the stock.

Calian Group Stock Performance

Calian Group stock opened at C$43.79 on Wednesday. The stock’s 50-day moving average is C$48.53 and its 200-day moving average is C$48.17. The company has a market cap of C$519.83 million, a price-to-earnings ratio of 46.89, a price-to-earnings-growth ratio of 2.50 and a beta of 0.88. The company has a debt-to-equity ratio of 39.54, a current ratio of 1.29 and a quick ratio of 1.20. Calian Group Ltd. has a 12 month low of C$42.88 and a 12 month high of C$60.84.

Calian Group Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 12th. Stockholders of record on Wednesday, March 12th will be issued a $0.28 dividend. The ex-dividend date of this dividend is Wednesday, February 26th. This represents a $1.12 dividend on an annualized basis and a dividend yield of 2.56%. Calian Group’s dividend payout ratio (DPR) is 119.93%.

Analysts Set New Price Targets

CGY has been the topic of several recent analyst reports. Ventum Financial reduced their target price on 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 research report on Wednesday, November 27th. Finally, CIBC reduced their target price on Calian Group from C$63.00 to C$62.00 in a research report on Friday, February 14th. Six research analysts have rated the stock with a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the company presently has an average rating of “Buy” and a consensus 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.