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

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

Calian Group Price Performance

Shares of Calian Group stock opened at C$47.73 on Wednesday. The company has a debt-to-equity ratio of 39.88, a quick ratio of 1.20 and a current ratio of 1.38. 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 fifty day moving average of C$49.05 and a 200-day moving average of C$50.18. The stock has a market capitalization of C$565.60 million, a price-to-earnings ratio of 33.61, a price-to-earnings-growth ratio of 2.50 and a beta of 0.88.

Calian Group Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, December 23rd. Shareholders of record on Monday, December 23rd will be given a dividend of $0.28 per share. The ex-dividend date of this dividend is Monday, December 9th. This represents a $1.12 annualized dividend and a yield of 2.35%. Calian Group’s payout ratio is 78.87%.

Analyst Ratings Changes

Several analysts have recently weighed in on CGY shares. Ventum Financial lowered their price objective on shares of Calian Group from C$70.00 to C$68.00 in a research report on Wednesday, November 27th. Acumen Capital lowered their price target on Calian Group from C$75.00 to C$70.00 in a research 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. According to MarketBeat.com, the company has an average rating of “Buy” and a consensus 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.