Calian Group (TSE:CGY) Sets New 52-Week High – Here’s What Happened
by Doug Wharley · The Cerbat GemShares of Calian Group Ltd. (TSE:CGY – Get Free Report) hit a new 52-week high during mid-day trading on Monday . The stock traded as high as C$63.98 and last traded at C$62.83, with a volume of 13091 shares trading hands. The stock had previously closed at C$62.75.
Analysts Set New Price Targets
Several analysts have issued reports on the company. Royal Bank Of Canada increased their target price on Calian Group from C$58.00 to C$66.00 and gave the company an “outperform” rating in a research report on Thursday, November 27th. Ventum Financial raised their price objective on Calian Group from C$62.00 to C$72.00 and gave the company a “buy” rating in a research report on Tuesday. CIBC lifted their target price on Calian Group from C$62.00 to C$65.00 in a research note on Wednesday, January 14th. Canaccord Genuity Group boosted their target price on shares of Calian Group from C$60.00 to C$63.00 and gave the stock a “buy” rating in a report on Thursday, November 27th. Finally, Desjardins raised their price target on shares of Calian Group from C$59.00 to C$66.00 and gave the company a “buy” rating in a report on Thursday, November 27th. Five equities research analysts have rated the stock with a Buy rating, According to MarketBeat, the stock presently has a consensus rating of “Buy” and an average price target of C$66.40.
View Our Latest Research Report on Calian Group
Calian Group Stock Performance
The company has a quick ratio of 1.20, a current ratio of 1.29 and a debt-to-equity ratio of 39.54. The company has a market capitalization of C$726.31 million, a PE ratio of 36.16, a PEG ratio of 2.50 and a beta of 0.38. The business has a 50 day simple moving average of C$57.11 and a 200 day simple moving average of C$52.91.
Calian Group (TSE:CGY – Get Free Report) last issued its quarterly earnings results on Wednesday, November 26th. The company reported C$1.00 earnings per share for the quarter. The business had revenue of C$203.18 million for the quarter. Calian Group had a return on equity of 3.37% and a net margin of 1.50%. Equities research analysts predict that Calian Group Ltd. will post 4.9475219 EPS for the current fiscal year.
Calian Group Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Tuesday, December 23rd. Shareholders of record on Tuesday, December 23rd were paid a dividend of $0.28 per share. The ex-dividend date was Tuesday, December 9th. This represents a $1.12 dividend on an annualized basis and a yield of 1.8%. Calian Group’s dividend payout ratio is presently 63.64%.
Calian Group Company Profile
Calian Group Ltd operates through four segments namely Advanced Technologies, Health, Learning, and Information Technology. It generates maximum revenue from the Health segment. The company serves health, defence, security, aerospace, engineering, AgTech, and IT industries. Its Health segment includes Clinical Services; Nursing Services; Psychological Services and Medical Property Management. The Advanced Technologies segment includes Engineering Solutions and Services; Nuclear and Environmental Services; Satcom; DOCSIS; Electronics Design and Manufacturing and Agricultural Technology.