Calian Group Ltd (TSE:CGY) Director George Brian Weber Sells 2,500 Shares

Calian Group Ltd (TSE:CGY) Director George Brian Weber sold 2,500 shares of Calian Group stock in a transaction on Wednesday, September 9th. The stock was sold at an average price of C$65.50, for a total transaction of C$163,750.00. Following the transaction, the director now directly owns 3,744 shares of the company’s stock, valued at C$245,232.

Shares of Calian Group stock opened at C$64.02 on Friday. Calian Group Ltd has a 52-week low of C$31.29 and a 52-week high of C$66.80. The firm has a 50-day moving average of C$61.78 and a 200-day moving average of C$51.24. The company has a debt-to-equity ratio of 9.81, a quick ratio of 2.03 and a current ratio of 2.15. The stock has a market cap of $571.24 million and a PE ratio of 25.20.

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 8th. Investors of record on Tuesday, September 8th were given a dividend of $0.28 per share. The ex-dividend date was Monday, August 24th. This represents a $1.12 annualized dividend and a yield of 1.75%. Calian Group’s dividend payout ratio is 44.09%.

A number of equities analysts have commented on the stock. Laurentian Bank of Canada lifted their price objective on shares of Calian Group from C$55.00 to C$57.00 in a research report on Friday, June 12th. Canaccord Genuity lifted their price objective on shares of Calian Group from C$54.00 to C$70.00 in a research report on Wednesday, July 15th. Echelon Wealth Partners reaffirmed a “buy” rating on shares of Calian Group in a research report on Monday, July 27th. Finally, Laurentian boosted their target price on shares of Calian Group from C$55.00 to C$57.00 in a research report on Friday, June 12th.

About Calian Group

Calian Group Ltd. engages in the systems engineering, manufacturing, training, information technology, and health care solutions to industries and government in Canada, the United States, and Europe. The company's Systems Engineering division plans, designs, and implements solutions in satellite communications, defense/security, and high-end telecommunications sectors.

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Insider Buying and Selling by Quarter for Calian Group (TSE:CGY)

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