Callidus Capital Corp (TSE:CBL) reached a new 52-week low during mid-day trading on Tuesday . The company traded as low as C$7.92 and last traded at C$8.07, with a volume of 15335 shares trading hands. The stock had previously closed at C$8.04.
Separately, National Bank Financial decreased their price target on shares of 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.
The company has a market cap of $413.19, a P/E ratio of -3.81 and a beta of 1.58.
In related news, insider Joseph C. Lewis bought 5,200 shares of Callidus Capital stock in a transaction that occurred on Thursday, January 25th. The stock was acquired at an average price of C$10.18 per share, for a total transaction of C$52,936.00. Also, insider Joseph C. Lewis bought 2,800 shares of Callidus Capital stock in a transaction that occurred on Friday, January 12th. The stock was bought at an average price of C$10.25 per share, with a total value of C$28,700.00. In the last quarter, insiders purchased 29,800 shares of company stock valued at $302,423.
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.
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