Calian Group (TSE:CGY) Stock Crosses Below Fifty Day Moving Average - Time to Sell?

Key Points

• Technical alert: Calian's shares slipped below their 50‑day moving average (50‑day MA C$75.28), trading as low as C$70.39 and last at C$70.66 on volume of 17,183 shares.
• Analyst sentiment positive: Six analysts rate the stock a "Buy" with an average price target of C$76.83, and multiple firms recently raised targets (e.g., Ventum to C$94, Canaccord to C$80).
• Key fundamentals: Market cap C$806.5M, P/E ~30.99, last quarter EPS C$1.03 on C$208M revenue, and a quarterly dividend implying a 1.6% yield (annualized C$1.12, DPR ~49%).

Calian Group Ltd. (TSE:CGY - Get Free Report)'s share price passed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of C$75.28 and traded as low as C$70.39. Calian Group shares last traded at C$70.66, with a volume of 17,183 shares.

Analysts Set New Price Targets

Several research analysts have issued reports on the stock. Royal Bank Of Canada lifted their price target on shares of Calian Group from C$58.00 to C$60.00 and gave the stock an "outperform" rating in a research report on Friday, February 13th. Ventum Financial lifted their price target on shares of Calian Group from C$84.00 to C$94.00 and gave the stock a "buy" rating in a research report on Tuesday, March 10th. Canaccord Genuity Group lifted their price target on shares of Calian Group from C$63.00 to C$80.00 in a research report on Friday, February 13th. Acumen Capital raised their price objective on shares of Calian Group from C$70.00 to C$85.00 and gave the stock a "buy" rating in a research note on Friday, February 13th. Finally, Canadian Imperial Bank of Commerce raised their price objective on shares of Calian Group from C$65.00 to C$76.00 in a research note on Friday, February 13th. Six equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock currently has an average rating of "Buy" and an average price target of C$76.83.

Calian Group Stock Down 1.1%

The business's 50 day moving average is C$75.28 and its 200 day moving average is C$63.85. The company has a debt-to-equity ratio of 64.10, a quick ratio of 1.20 and a current ratio of 1.65. The stock has a market cap of C$806.51 million, a price-to-earnings ratio of 30.99, a price-to-earnings-growth ratio of 2.50 and a beta of 0.92.

Calian Group (TSE:CGY - Get Free Report) last issued its earnings results on Thursday, February 12th. The company reported C$1.03 earnings per share (EPS) for the quarter. The company had revenue of C$208.00 million during the quarter. Calian Group had a net margin of 3.34% and a return on equity of 8.41%. Equities analysts expect that Calian Group Ltd. will post 4.9475219 earnings per share for the current year.

Calian Group Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, March 11th. Shareholders of record on Wednesday, March 11th were paid a dividend of $0.28 per share. The ex-dividend date of this dividend was Wednesday, February 25th. This represents a $1.12 dividend on an annualized basis and a dividend yield of 1.6%. Calian Group's dividend payout ratio (DPR) is 49.12%.

About Calian Group

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.

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