Today Callidus Capital Corp Stock Crashes

 Today Callidus Capital Corp Stock Crashes

The stock of Callidus Capital Corp (TSE:CBL) is a huge mover today! About 35,349 shares traded hands. Callidus Capital Corp (TSE:CBL) has risen 35.95% since March 31, 2016 and is uptrending. It has outperformed by 34.86% the S&P500.
The move comes after 9 months negative chart setup for the $893.06M company. It was reported on Nov, 4 by Barchart.com. We have $16.97 PT which if reached, will make TSE:CBL worth $44.65 million less.

Callidus Capital Corp (TSE:CBL) Ratings Coverage

Out of 4 analysts covering Callidus Capital Corp. (TSE:CBL), 2 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 50% are positive. $28 is the highest target while $12 is the lowest. The $16.35 average target is -8.45% below today’s ($17.86) stock price. Callidus Capital Corp. has been the topic of 9 analyst reports since August 5, 2015 according to StockzIntelligence Inc. The stock of Callidus Capital Corp (TSE:CBL) has “Hold” rating given on Monday, November 9 by TD Securities. The rating was downgraded by IBC to “Sector Performer” on Tuesday, October 6. The stock of Callidus Capital Corp (TSE:CBL) has “Buy” rating given on Tuesday, August 11 by M Partners. Canaccord Genuity downgraded the stock to “Hold” rating in Wednesday, December 9 report. The stock has “Buy” rating given by Canaccord Genuity on Monday, August 10. The firm has “Outperform” rating given on Friday, November 6 by National Bank Canada. The rating was maintained by TD Securities with “Buy” on Wednesday, August 5.

More important recent Callidus Capital Corp (TSE:CBL) news were published by: Reuters.com which released: “BRIEF-Callidus Capital Corp increases dividend by 20 pct” on October 17, 2016, also Theglobeandmail.com published article titled: “The Globe and Mail”, Business.Financialpost.com published: “Will Callidus Capital Corp. go private?” on October 06, 2015. More interesting news about Callidus Capital Corp (TSE:CBL) was released by: Wsj.com and their article: “Callidus Capital IPO Raises 43% More Than Minimum Target” with publication date: April 14, 2014.

Callidus Capital Corporation is a Canada company, which is engaged in providing financing solutions for companies that are unable to obtain financing from lending institutions. The company has a market cap of $893.06 million. The Firm operates a finance business that provides senior secured asset loans and lending services to mid-market companies operating in Canada and the United States. It has a 17.9 P/E ratio. The Firm offers loans ranging in size from $5 million to $100 million.

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