Jo-Anne Cecile Poirier Sells 4,368 Shares of Calian Group Ltd. (TSE:CGY) Stock

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

Calian Group Trading Down 1.8 %

Shares of Calian Group stock opened at C$46.64 on Monday. The stock has a fifty day moving average price of C$49.00 and a 200-day moving average price of C$50.31. The company has a debt-to-equity ratio of 39.88, a current ratio of 1.38 and a quick ratio of 1.20. The firm has a market cap of C$552.68 million, a PE ratio of 32.85, a P/E/G ratio of 2.50 and a beta of 0.88. Calian Group Ltd. has a 1 year low of C$42.88 and a 1 year high of C$61.24.

Calian Group Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 23rd. Shareholders of record on Monday, December 23rd will be given a $0.28 dividend. This represents a $1.12 annualized dividend and a yield of 2.40%. The ex-dividend date of this dividend is Monday, December 9th. Calian Group’s dividend payout ratio is 78.87%.

Wall Street Analyst Weigh In

CGY has been the subject of a number of analyst reports. Ventum Financial lowered their price target on Calian Group from C$70.00 to C$68.00 in a research report on Wednesday, November 27th. Acumen Capital lowered their target price on shares of Calian Group from C$75.00 to C$70.00 in a report on Wednesday, November 27th. Six equities research 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, the stock has an average rating of “Buy” and an average target price 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.