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

Calian Group Ltd. (TSE:CGY - Get Free Report) Director Jo-Anne Cecile Poirier sold 4,368 shares of the firm's stock in a transaction dated Friday, December 13th. The stock was sold at an average price of C$47.15, for a total transaction of C$205,951.20.

Calian Group Price Performance

Calian Group stock traded up C$0.53 during midday trading on Monday, hitting C$47.17. The company's stock had a trading volume of 18,009 shares, compared to its average volume of 15,149. Calian Group Ltd. has a 12 month low of C$42.88 and a 12 month high of C$61.24. The company has a quick ratio of 1.20, a current ratio of 1.38 and a debt-to-equity ratio of 39.88. The company has a market capitalization of C$558.96 million, a PE ratio of 32.96, a price-to-earnings-growth ratio of 2.50 and a beta of 0.88. The stock's 50-day moving average price is C$49.00 and its 200-day moving average price is C$50.28.

Calian Group Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, December 23rd. Stockholders of record on Monday, December 23rd will be given a $0.28 dividend. This represents a $1.12 dividend on an annualized basis and a dividend yield of 2.37%. The ex-dividend date is Monday, December 9th. Calian Group's dividend payout ratio (DPR) is 78.87%.

Analysts Set New Price Targets

CGY has been the subject of several research reports. Acumen Capital reduced their target price on Calian Group from C$75.00 to C$70.00 in a report on Wednesday, November 27th. Ventum Financial cut their price target on Calian Group from C$70.00 to C$68.00 in a report on Wednesday, November 27th. Six analysts have rated the stock with a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat.com, Calian Group currently has a consensus rating of "Buy" and a consensus target price 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.