Calian Group (TSE:CGY) Reaches New 52-Week Low at $43.66

Shares of Calian Group Ltd. (TSE:CGY – Get Free Report) reached a new 52-week low on Friday . The stock traded as low as C$43.66 and last traded at C$43.75, with a volume of 2824 shares. The stock had previously closed at C$44.10. Wall Street Analyst Weigh In CGY has been the subject of several [...]

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Shares of Calian Group Ltd. ( TSE:CGY – Get Free Report ) reached a new 52-week low on Friday . The stock traded as low as C$43.

66 and last traded at C$43.75, with a volume of 2824 shares. The stock had previously closed at C$44.



10. Wall Street Analyst Weigh In CGY has been the subject of several research reports. Royal Bank of Canada cut their price target on Calian Group from C$75.

00 to C$65.00 in a research note on Friday, August 9th. Cormark cut their target price on Calian Group from C$74.

00 to C$73.00 in a research note on Friday, August 9th. Acumen Capital raised their target price on Calian Group from C$78.

00 to C$80.00 and gave the stock a “buy” rating in a research note on Thursday, May 16th. Canaccord Genuity Group raised their target price on Calian Group from C$75.

00 to C$80.00 and gave the stock a “buy” rating in a research note on Thursday, May 16th. Finally, CIBC cut their target price on Calian Group from C$76.

00 to C$63.00 in a research note on Friday, August 9th. Six investment analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company.

According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus target price of C$74.00.

Check Out Our Latest Analysis on CGY Calian Group Trading Down 2.8 % Calian Group ( TSE:CGY – Get Free Report ) last posted its quarterly earnings results on Wednesday, August 7th. The company reported C$0.

89 earnings per share (EPS) for the quarter, missing the consensus estimate of C$0.93 by C($0.04).

Calian Group had a return on equity of 5.17% and a net margin of 2.28%.

The company had revenue of C$185.00 million for the quarter, compared to the consensus estimate of C$196.67 million.

As a group, sell-side analysts anticipate that Calian Group Ltd. will post 4.9508197 earnings per share for the current fiscal year.

Calian Group Dividend Announcement The business also recently declared a quarterly dividend, which was paid on Wednesday, September 4th. Investors of record on Wednesday, August 21st were given a dividend of $0.28 per share.

The ex-dividend date was Wednesday, August 21st. This represents a $1.12 annualized dividend and a yield of 2.

61%. Calian Group’s payout ratio is 78.87%.

Insider Buying and Selling In other news, Director Raymond Gregory Basler sold 4,000 shares of Calian Group stock in a transaction that occurred on Friday, June 28th. The stock was sold at an average price of C$56.20, for a total value of C$224,800.

00. 0.62% of the stock is owned by corporate insiders.

About Calian Group ( Get Free Report ) 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. Recommended Stories Receive News & Ratings for Calian Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Calian Group and related companies with MarketBeat.com's FREE daily email newsletter .

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