Callidus Capital Corp (CBL) Insider Acquires C$52,104.00 in Stock

Callidus Capital Corp (TSE:CBL) insider Joseph C. Lewis bought 5,200 shares of the stock in a transaction on Friday, January 19th. The shares were acquired at an average cost of C$10.02 per share, for a total transaction of C$52,104.00.

Shares of Callidus Capital Corp (CBL) traded down C$0.01 during trading on Monday, hitting C$10.00. The stock had a trading volume of 14,847 shares, compared to its average volume of 23,173. The firm has a market cap of $506.50, a price-to-earnings ratio of -4.74 and a beta of 1.69. Callidus Capital Corp has a fifty-two week low of C$9.30 and a fifty-two week high of C$20.00.

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

The company also recently declared a monthly dividend, which will be paid on Tuesday, February 20th. Stockholders of record on Wednesday, January 31st will be issued a dividend of $0.101 per share. This represents a $1.21 annualized dividend and a dividend yield of 12.12%. This is a positive change from Callidus Capital’s previous monthly dividend of $0.10. The ex-dividend date is Tuesday, January 30th. Callidus Capital’s payout ratio is currently -52.13%.

Separately, National Bank Financial reduced their price target 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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Callidus Capital 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.

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

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