Shares of Callidus Capital Corp (TSE:CBL) were down 4% during trading on Wednesday . The company traded as low as C$10.47 and last traded at C$10.47. Approximately 29,639 shares traded hands during trading, a decline of 54% from the average daily volume of 64,606 shares. The stock had previously closed at C$10.91.
A number of analysts recently commented on CBL shares. Canaccord Genuity decreased their price target on Callidus Capital Corp from C$13.50 to C$11.50 in a research report on Monday, August 14th. National Bank Financial downgraded Callidus Capital Corp from an “outperform” rating to a “sector perform” rating and decreased their target price for the stock from C$18.00 to C$11.00 in a research report on Thursday, August 17th.
The firm also recently disclosed a monthly dividend, which was paid on Friday, October 20th. Investors of record on Friday, September 29th were given a $0.10 dividend. The ex-dividend date was Thursday, September 28th. This represents a $1.20 annualized dividend and a yield of 11.00%.
In related news, insider Joseph C. Lewis bought 5,500 shares of the firm’s stock in a transaction on Wednesday, October 18th. The stock was acquired at an average cost of C$9.94 per share, for a total transaction of C$54,670.00. Also, insider Joseph C. Lewis bought 3,000 shares of the firm’s stock in a transaction on Monday, October 23rd. The shares were bought at an average price of C$9.92 per share, with a total value of C$29,760.00. Over the last quarter, insiders have acquired 40,700 shares of company stock valued at $407,596.
ILLEGAL ACTIVITY WARNING: “Callidus Capital Corp (CBL) Shares Down 4%” was published by Sports Perspectives and is owned by of Sports Perspectives. If you are viewing this piece on another website, it was copied illegally and republished in violation of United States and international trademark & copyright law. The original version of this piece can be accessed at https://sportsperspectives.com/2017/11/01/callidus-capital-corp-cbl-shares-down-4.html.
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.
Receive News & Ratings for Callidus Capital Corp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Callidus Capital Corp and related companies with MarketBeat.com's FREE daily email newsletter.