Calian Group Ltd. (TSE:CGY - Get Free Report) has received an average rating of "Buy" from the six ratings firms that are presently covering the firm, MarketBeat.com reports. Five analysts have rated the stock with a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12-month price target among brokerages that have issued a report on the stock in the last year is C$69.67.
CGY has been the subject of several recent analyst reports. CIBC cut their price target on Calian Group from C$63.00 to C$62.00 in a research note on Friday, February 14th. Ventum Financial cut their price target on Calian Group from C$70.00 to C$68.00 in a research note on Wednesday, November 27th. Finally, Acumen Capital cut their price target on Calian Group from C$75.00 to C$70.00 in a research note on Wednesday, November 27th.
View Our Latest Stock Report on Calian Group
Calian Group Stock Performance
TSE CGY opened at C$40.06 on Wednesday. The stock has a 50-day simple moving average of C$46.82 and a two-hundred day simple moving average of C$47.39. The firm has a market capitalization of C$475.55 million, a P/E ratio of 42.90, a PEG ratio of 2.50 and a beta of 0.88. Calian Group has a fifty-two week low of C$39.41 and a fifty-two week high of C$60.18. The company has a debt-to-equity ratio of 39.54, a quick ratio of 1.20 and a current ratio of 1.29.
Calian Group Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 12th. Investors of record on Wednesday, March 12th will be issued a $0.28 dividend. This represents a $1.12 annualized dividend and a yield of 2.80%. The ex-dividend date is Wednesday, February 26th. Calian Group's payout ratio is 119.93%.
Insider Buying and Selling
In other news, Senior Officer Patrick Belanger Houston sold 1,469 shares of the business's stock in a transaction that occurred on Thursday, December 12th. The stock was sold at an average price of C$47.69, for a total transaction of C$70,056.61. Also, Director Jo-Anne Cecile Poirier sold 4,368 shares of the business's 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. In the last three months, insiders have bought 3,147 shares of company stock worth $148,588 and have sold 5,841 shares worth $276,201. 0.63% of the stock is currently owned by insiders.
Calian Group Company Profile
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Get Free ReportCalian Group Ltd operates through four segments namely Advanced Technologies, Health, Learning, and Information Technology. It generates maximum revenue from the Health segment. The company serves health, defence, security, aerospace, engineering, AgTech, and IT industries. Its Health segment includes Clinical Services; Nursing Services; Psychological Services and Medical Property Management.
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