Computer Modelling Group Ltd. (TSE:CMG) Director Purchases C$77,589.00 in Stock

Computer Modelling Group Ltd. (TSE:CMG - Get Free Report) Director Birgit Troy acquired 11,100 shares of the business's stock in a transaction that occurred on Tuesday, May 27th. The stock was acquired at an average cost of C$6.99 per share, with a total value of C$77,589.00.

Computer Modelling Group Price Performance

CMG traded up C$0.11 during midday trading on Friday, hitting C$6.75. The stock had a trading volume of 162,369 shares, compared to its average volume of 190,192. Computer Modelling Group Ltd. has a 1 year low of C$6.58 and a 1 year high of C$14.73. The company has a debt-to-equity ratio of 47.62, a quick ratio of 2.25 and a current ratio of 1.27. The business has a fifty day moving average of C$7.65 and a 200 day moving average of C$9.00. The company has a market cap of C$544.62 million, a P/E ratio of 22.26, a price-to-earnings-growth ratio of 1.97 and a beta of 1.21.

Computer Modelling Group Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 13th. Shareholders of record on Friday, June 13th will be paid a $0.05 dividend. This represents a $0.20 annualized dividend and a yield of 2.96%. The ex-dividend date is Thursday, June 5th. Computer Modelling Group's dividend payout ratio is presently 65.95%.

Analysts Set New Price Targets

CMG has been the topic of a number of recent analyst reports. Ventum Cap Mkts downgraded shares of Computer Modelling Group from a "strong-buy" rating to a "hold" rating in a report on Thursday, May 22nd. Cibc World Mkts downgraded shares of Computer Modelling Group from a "strong-buy" rating to a "hold" rating in a report on Wednesday, February 12th. Raymond James decreased their price target on shares of Computer Modelling Group from C$15.00 to C$13.00 and set an "outperform" rating on the stock in a report on Wednesday, February 12th. Ventum Financial dropped their price objective on Computer Modelling Group from C$15.00 to C$14.00 and set a "buy" rating for the company in a research note on Wednesday, February 12th. Finally, CIBC decreased their target price on Computer Modelling Group from C$14.50 to C$11.00 and set a "neutral" rating on the stock in a research note on Wednesday, February 12th. Four research analysts have rated the stock with a hold rating and three have given a buy rating to the company's stock. According to MarketBeat, the company presently has an average rating of "Hold" and an average target price of C$13.14.

Computer Modelling Group Company Profile

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.