Calian Group Ltd. (TSE:CGY) Director Purchases C$23,475.00 in Stock

Calian Group Ltd. (TSE:CGY) Director George Brian Weber purchased 500 shares of the company’s stock in a transaction dated Tuesday, December 24th. The shares were purchased at an average cost of C$46.95 per share, for a total transaction of C$23,475.00.

George Brian Weber also recently made the following trade(s):

• On Friday, December 20th, George Brian Weber acquired 65 shares of Calian Group stock. The stock was acquired at an average cost of C$53.14 per share, with a total value of C$3,454.10.
• On Friday, September 27th, George Brian Weber bought 100 shares of Calian Group stock. The shares were acquired at an average cost of C$46.78 per share, for a total transaction of C$4,678.00.

Calian Group Stock Up 2.8 %

TSE:CGY traded up C$1.33 during mid-day trading on Tuesday, hitting C$48.21. 21,847 shares of the company’s stock traded hands, compared to its average volume of 15,311. The company has a debt-to-equity ratio of 39.88, a quick ratio of 1.20 and a current ratio of 1.38. The company has a market capitalization of C$571.29 million, a P/E ratio of 33.95, a P/E/G ratio of 2.50 and a beta of 0.88. The company has a fifty day moving average of C$48.76 and a 200 day moving average of C$49.93. Calian Group Ltd. has a twelve month low of C$42.88 and a twelve month high of C$61.24.

Calian Group Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 23rd. Investors of record on Monday, December 23rd were given a $0.28 dividend. This represents a $1.12 annualized dividend and a dividend yield of 2.32%. The ex-dividend date was Monday, December 9th. Calian Group’s payout ratio is currently 78.87%.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on the stock. Acumen Capital dropped their price objective on shares of Calian Group from C$75.00 to C$70.00 in a research note on Wednesday, November 27th. Ventum Financial dropped their price objective on Calian Group from C$70.00 to C$68.00 in a research report on Wednesday, November 27th. Six analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus price target of C$72.29.

About Calian Group

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.