Calian Group Ltd. (TSE:CGY) Director Valerie Sorbie Acquires 1,700 Shares of Stock

Calian Group Ltd. (TSE:CGY) Director Valerie Sorbie purchased 1,700 shares of Calian Group stock in a transaction dated Friday, December 27th. The stock was acquired at an average price of C$48.27 per share, with a total value of C$82,059.00.

Calian Group Stock Down 0.7 %

CGY traded down C$0.32 during trading on Friday, hitting C$47.89. The stock had a trading volume of 17,105 shares, compared to its average volume of 15,319. The stock has a 50 day simple moving average of C$48.55 and a two-hundred day simple moving average of C$49.77. 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 twelve month low of C$42.88 and a twelve month high of C$61.24. The company has a market capitalization of C$567.50 million, a PE ratio of 33.73, a PEG ratio of 2.50 and a beta of 0.88.

Calian Group Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 23rd. Stockholders of record on Monday, December 23rd were given a $0.28 dividend. The ex-dividend date was Monday, December 9th. This represents a $1.12 dividend on an annualized basis and a dividend yield of 2.34%. Calian Group’s payout ratio is 78.87%.

Wall Street Analyst Weigh In

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