Computer Modelling Group Ltd. (TSE:CMG) Senior Officer Acquires C$150,545.43 in Stock

Computer Modelling Group Ltd. (TSE:CMGGet Free Report) Senior Officer Pramod Jain purchased 14,091 shares of the business’s stock in a transaction dated Thursday, December 12th. The shares were acquired at an average price of C$10.68 per share, for a total transaction of C$150,545.43.

Computer Modelling Group Trading Down 0.3 %

Shares of Computer Modelling Group stock opened at C$10.86 on Friday. Computer Modelling Group Ltd. has a 1 year low of C$8.43 and a 1 year high of C$14.73. The company’s fifty day simple moving average is C$11.25 and its 200-day simple moving average is C$12.29. The company has a market cap of C$888.89 million, a price-to-earnings ratio of 38.79, a PEG ratio of 1.97 and a beta of 1.21. The company has a current ratio of 1.81, a quick ratio of 2.25 and a debt-to-equity ratio of 52.77.

Computer Modelling Group Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, December 13th. Shareholders of record on Friday, December 13th were given a $0.05 dividend. The ex-dividend date was Thursday, December 5th. This represents a $0.20 annualized dividend and a yield of 1.84%. Computer Modelling Group’s dividend payout ratio is 71.43%.

Analysts Set New Price Targets

Several research firms have weighed in on CMG. CIBC cut their target price on Computer Modelling Group from C$15.00 to C$14.50 in a report on Wednesday, November 13th. BMO Capital Markets lowered their price objective on Computer Modelling Group from C$14.00 to C$13.00 in a report on Friday. Canaccord Genuity Group cut Computer Modelling Group from a “buy” rating to a “hold” rating and decreased their target price for the stock from C$15.00 to C$12.00 in a research report on Wednesday, November 13th. Finally, National Bankshares set a C$14.00 price target on shares of Computer Modelling Group and gave the company an “outperform” rating in a research report on Wednesday, September 11th. One research analyst has rated the stock with a sell rating, one has issued a hold rating, six have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of C$13.39.

View Our Latest Research Report on CMG

Computer Modelling Group Company Profile

(Get Free Report)

Computer Modelling Group Ltd., a software and consulting technology company, engages in the development and licensing of reservoir simulation and seismic interpretation software and related services. The company offers CMOST-AI, an optimization and analysis tool that offers solution for reservoir by combining advanced statistical analysis, machine learning, and impartial data interpretation; IMEX, a black oil simulator that is used to model primary, secondary, and tertiary oil recovery processes in conventional and unconventional reservoirs; and GEM, an equation-of-state reservoir simulator for compositional, chemical, and unconventional reservoir modelling.

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