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 Calian Group stock in a transaction that occurred on Friday, December 13th. The shares were sold at an average price of C$47.15, for a total value of C$205,951.20.

Calian Group Trading Up 1.1 %

TSE CGY opened at C$47.17 on Tuesday. The business’s fifty day moving average is C$49.00 and its 200-day moving average is C$50.28. 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 stock has a market capitalization of C$558.96 million, a price-to-earnings ratio of 32.96, a PEG ratio of 2.50 and a beta of 0.88. Calian Group Ltd. has a one year low of C$42.88 and a one year high of C$61.24.

Calian Group Announces Dividend

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 2.37%. The ex-dividend date of this dividend is Monday, December 9th. Calian Group’s dividend payout ratio is 78.87%.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on CGY. Acumen Capital cut their price objective on shares of Calian Group from C$75.00 to C$70.00 in a report on Wednesday, November 27th. Ventum Financial dropped their price target on shares of 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. According to data from MarketBeat, the stock has a consensus 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.