Anuroop Duggal Purchases 2,458 Shares of Computer Modelling Group (TSE:CMG) Stock

Key Points

• Anuroop Duggal, a director at Computer Modelling Group Ltd., purchased 2,458 shares of the company at C$6.19 per share, increasing his ownership to 182,458 shares valued at approximately C$1.13 million.
• The company recently announced a quarterly dividend of $0.01 per share, translating to an annualized yield of 0.6%, with a payout ratio of 76.92%.
• Computer Modelling Group's stock traded up 0.2% to reach C$6.19, with a market cap of C$511.21 million and a PE ratio of 23.81.

Computer Modelling Group Ltd. (TSE:CMG - Get Free Report) Director Anuroop Duggal bought 2,458 shares of the stock in a transaction dated Monday, September 29th. The stock was purchased at an average cost of C$6.19 per share, with a total value of C$15,215.02. Following the completion of the purchase, the director directly owned 182,458 shares in the company, valued at approximately C$1,129,415.02. This trade represents a 1.37% increase in their position.

Computer Modelling Group Trading Up 0.2%

Shares of CMG traded up C$0.01 during trading hours on Friday, hitting C$6.19. 74,295 shares of the stock traded hands, compared to its average volume of 207,602. The business has a fifty day moving average of C$6.58 and a 200-day moving average of C$7.18. The firm has a market capitalization of C$511.21 million, a PE ratio of 23.81, a price-to-earnings-growth ratio of 1.97 and a beta of -0.29. Computer Modelling Group Ltd. has a 1-year low of C$6.02 and a 1-year high of C$12.50. The company has a current ratio of 1.27, a quick ratio of 2.25 and a debt-to-equity ratio of 47.62.

Computer Modelling Group Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, September 15th. Shareholders of record on Monday, September 15th were given a dividend of $0.01 per share. The ex-dividend date was Friday, September 5th. This represents a $0.04 annualized dividend and a dividend yield of 0.6%. Computer Modelling Group's payout ratio is presently 76.92%.

About Computer Modelling Group

Computer Modelling Group Ltd is a Canada-based provider of reservoir simulation software for the oil and gas industry. Its capabilities include integrated analysis and optimization, black oil and unconventional simulation, reservoir and production system modelling, post-processor visualization, compositional simulation, thermal processes simulation, and fluid property characterization.

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