Insider Buying: Calian Group Ltd. (TSE:CGY) Director Buys C$11,100.00 in Stock

Calian Group Ltd. (TSE:CGY) Director George Brian Weber purchased 250 shares of the firm’s stock in a transaction dated Thursday, February 20th. The shares were bought at an average price of C$44.40 per share, with a total value of C$11,100.00.

George Brian Weber also recently made the following trade(s):

• On Tuesday, December 24th, George Brian Weber purchased 500 shares of Calian Group stock. The shares were bought at an average price of C$46.95 per share, with a total value of C$23,475.00.
• On Friday, December 20th, George Brian Weber purchased 65 shares of Calian Group stock. The shares were bought at an average price of C$53.14 per share, with a total value of C$3,454.10.

Calian Group Stock Down 1.1 %

Calian Group stock opened at C$43.81 on Friday. Calian Group Ltd. has a 1-year low of C$42.88 and a 1-year high of C$60.29. The firm has a market capitalization of C$520.07 million, a price-to-earnings ratio of 46.91, a P/E/G ratio of 2.50 and a beta of 0.88. The company has a current ratio of 1.29, a quick ratio of 1.20 and a debt-to-equity ratio of 39.54. The firm has a 50 day simple moving average of C$48.24 and a 200 day simple moving average of C$47.89.

Calian Group Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 12th. Investors of record on Wednesday, March 12th will be paid a $0.28 dividend. The ex-dividend date of this dividend is Wednesday, February 26th. This represents a $1.12 dividend on an annualized basis and a yield of 2.56%. Calian Group’s dividend payout ratio is 119.93%.

Analyst Upgrades and Downgrades

CGY has been the subject of several research analyst reports. CIBC decreased their price target on shares of Calian Group from C$63.00 to C$62.00 in a research note on Friday, February 14th. Ventum Financial decreased their price target on shares of Calian Group from C$70.00 to C$68.00 in a research note on Wednesday, November 27th. Finally, Acumen Capital decreased their price target on shares of Calian Group from C$75.00 to C$70.00 in a research note on Wednesday, November 27th. Six research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and an average target price of C$72.14.

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.