Insider Selling: Calian Group Ltd. (TSE:CGY) Senior Officer Sells 1,469 Shares of Stock

Calian Group Ltd. (TSE:CGY) Senior Officer Patrick Belanger Houston sold 1,469 shares of the firm’s stock in a transaction dated Thursday, December 12th. The shares were sold at an average price of C$47.69, for a total value of C$70,056.61.

Patrick Belanger Houston also recently made the following trade(s):

• On Monday, September 30th, Patrick Belanger Houston bought 350 shares of Calian Group stock. The shares were acquired at an average cost of C$46.13 per share, with a total value of C$16,145.50.

Calian Group Stock Down 1.8 %

Shares of TSE CGY opened at C$46.64 on Monday. Calian Group Ltd. has a 1 year low of C$42.88 and a 1 year high of C$61.24. 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 price-to-earnings-growth ratio of 2.50 and a beta of 0.88. The company has a 50 day simple moving average of C$49.00 and a 200 day simple moving average of C$50.31.

Calian Group Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, December 23rd. Stockholders of record on Monday, December 23rd will be issued a dividend of $0.28 per share. The ex-dividend date is Monday, December 9th. This represents a $1.12 dividend on an annualized basis and a dividend yield of 2.40%. Calian Group’s dividend payout ratio (DPR) is presently 78.87%.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on CGY. Acumen Capital decreased their price target on shares of Calian Group from C$75.00 to C$70.00 in a report on Wednesday, November 27th. Ventum Financial cut their target price on shares of Calian Group from C$70.00 to C$68.00 in a research report on Wednesday, November 27th. Six equities research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Buy” and an average price target 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.