Calian Group Ltd. (TSE:CGY) Given Consensus Rating of “Buy” by Analysts

Shares of Calian Group Ltd. (TSE:CGY) have been given a consensus rating of “Buy” by the seven research firms that are currently covering the company, MarketBeat reports. Six 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 objective among brokerages that have covered the stock in the last year is C$72.29.

CGY has been the topic of a number of recent analyst reports. Ventum Financial dropped their price target on shares of Calian Group from C$70.00 to C$68.00 in a research report on Wednesday, November 27th. Acumen Capital decreased their price target on Calian Group from C$75.00 to C$70.00 in a research report on Wednesday, November 27th.

Calian Group Price Performance

Shares of TSE:CGY opened at C$49.00 on Tuesday. The company has a current ratio of 1.38, a quick ratio of 1.20 and a debt-to-equity ratio of 39.88. The stock has a market cap of C$580.65 million, a PE ratio of 34.51, a price-to-earnings-growth ratio of 2.50 and a beta of 0.88. The stock’s fifty day simple moving average is C$48.39 and its two-hundred day simple moving average is C$48.97. Calian Group has a 1-year low of C$42.88 and a 1-year high of C$61.24.

Calian Group Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, December 23rd. Investors of record on Monday, December 23rd were issued a $0.28 dividend. The ex-dividend date was Monday, December 9th. This represents a $1.12 dividend on an annualized basis and a dividend yield of 2.29%. Calian Group’s dividend payout ratio (DPR) is presently 78.87%.

Insider Buying and Selling at Calian Group

In related news, Director Young Park sold 4,194 shares of Calian Group stock in a transaction that occurred on Monday, December 9th. The shares were sold at an average price of C$50.09, for a total value of C$210,077.46. Also, Director Raymond Gregory Basler sold 849 shares of the stock in a transaction on Monday, December 2nd. The stock was sold at an average price of C$49.59, for a total value of C$42,101.91. Over the last ninety days, insiders bought 2,297 shares of company stock valued at $110,638 and sold 11,270 shares valued at $546,866. 0.63% of the stock is owned by corporate insiders.

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.