Joseph C. Lewis Purchases 2,800 Shares of Callidus Capital Corp (CBL) Stock

Callidus Capital Corp (TSE:CBL) insider Joseph C. Lewis bought 2,800 shares of the stock in a transaction on Friday, January 12th. The stock was purchased at an average cost of C$10.25 per share, with a total value of C$28,700.00.

Shares of Callidus Capital Corp (TSE CBL) traded down C$0.07 on Friday, reaching C$10.01. The company’s stock had a trading volume of 24,466 shares, compared to its average volume of 23,125. Callidus Capital Corp has a fifty-two week low of C$9.30 and a fifty-two week high of C$20.13. The firm has a market cap of $509.04, a PE ratio of -4.74 and a beta of 1.69.

Callidus Capital (TSE:CBL) last issued its earnings results on Monday, November 13th. The company reported C($0.23) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C$0.22 by C($0.45). Callidus Capital had a negative return on equity of 18.91% and a negative net margin of 26.65%.

The company also recently announced a monthly dividend, which was paid on Wednesday, December 20th. Shareholders of record on Thursday, November 30th were issued a $0.10 dividend. The ex-dividend date was Wednesday, November 29th. This represents a $1.20 dividend on an annualized basis and a yield of 11.99%. Callidus Capital’s payout ratio is presently -52.13%.

Separately, National Bank Financial lowered their target price on Callidus Capital from C$11.00 to C$10.00 and set a “sector perform” rating for the company in a report on Wednesday, November 15th.

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About Callidus Capital

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.

Insider Buying and Selling by Quarter for Callidus Capital (TSE:CBL)

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