Callidus Capital Corp (CBL) Insider Joseph C. Lewis Buys 5,500 Shares
Callidus Capital Corp (TSE:CBL) insider Joseph C. Lewis bought 5,500 shares of the business’s stock in a transaction that occurred on Wednesday, October 18th. The shares were purchased at an average price of C$9.94 per share, for a total transaction of C$54,670.00.
Callidus Capital Corp (TSE:CBL) traded down 0.70% during mid-day trading on Monday, hitting $9.99. 25,754 shares of the company were exchanged. The firm has a 50 day moving average price of $10.40 and a 200 day moving average price of $13.69. The stock’s market cap is $504.38 million. Callidus Capital Corp has a 12 month low of $9.30 and a 12 month high of $20.89.
The firm also recently disclosed a monthly dividend, which was paid on Friday, October 20th. Shareholders of record on Friday, September 29th were issued a dividend of $0.10 per share. The ex-dividend date of this dividend was Thursday, September 28th. This represents a $1.20 annualized dividend and a yield of 12.01%.
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A number of analysts recently weighed in on the stock. Canaccord Genuity cut their target price on shares of Callidus Capital Corp from C$13.50 to C$11.50 in a research note on Monday, August 14th. National Bank Financial lowered shares of Callidus Capital Corp from an “outperform” rating to a “sector perform” rating and cut their target price for the stock from C$18.00 to C$11.00 in a research note on Thursday, August 17th.
Callidus Capital Corp Company Profile
Callidus Capital Corporation (Callidus) is a Canada-based company, which is engaged in providing financing solutions for companies that are unable to obtain financing from lending institutions. The Company operates a finance business that provides senior secured asset-based loans and lending services to mid-market companies operating in Canada and the United States.
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