Insider Buying: Calian Group Ltd. (TSE:CGY) Director Purchases 500 Shares of Stock

Calian Group Ltd. (TSE:CGY - Get Free Report) Director George Brian Weber purchased 500 shares of Calian Group stock in a transaction dated Tuesday, December 24th. The stock was acquired at an average price 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 bought 65 shares of Calian Group stock. The shares were bought 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 purchased 100 shares of Calian Group stock. The stock was bought 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 %

Calian Group stock traded up C$1.33 during trading hours on Tuesday, reaching C$48.21. The stock had a trading volume of 21,847 shares, compared to its average volume of 15,311. Calian Group Ltd. has a 52 week low of C$42.88 and a 52 week high of C$61.24. The company has a market cap of C$571.29 million, a price-to-earnings ratio of 33.95, a PEG ratio of 2.50 and a beta of 0.88. 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 business's 50 day moving average price is C$48.76 and its 200-day moving average price is C$49.93.

Calian Group Dividend Announcement

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 of this dividend was Monday, December 9th. This represents a $1.12 dividend on an annualized basis and a dividend yield of 2.32%. Calian Group's payout ratio is 78.87%.

Analyst Upgrades and Downgrades

CGY has been the topic of a number of recent research reports. Ventum Financial dropped their price target on Calian Group from C$70.00 to C$68.00 in a research report on Wednesday, November 27th. Acumen Capital dropped their target price on shares of Calian Group from C$75.00 to C$70.00 in a 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 has an average rating of "Buy" and an average 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.