Computer Modelling Group Ltd. (TSE:CMG) Director Sells C$71,000.00 in Stock

Computer Modelling Group Ltd. (TSE:CMG - Get Free Report) Director Kenneth Michael Dedeluk sold 10,000 shares of Computer Modelling Group stock in a transaction on Thursday, June 5th. The shares were sold at an average price of C$7.10, for a total transaction of C$71,000.00.

Kenneth Michael Dedeluk also recently made the following trade(s):

• On Tuesday, June 3rd, Kenneth Michael Dedeluk sold 5,000 shares of Computer Modelling Group stock. The shares were sold at an average price of C$6.85, for a total transaction of C$34,250.00.
• On Wednesday, May 28th, Kenneth Michael Dedeluk sold 5,000 shares of Computer Modelling Group stock. The shares were sold at an average price of C$7.00, for a total transaction of C$35,000.00.
• On Monday, March 31st, Kenneth Michael Dedeluk sold 7,100 shares of Computer Modelling Group stock. The stock was sold at an average price of C$8.00, for a total value of C$56,800.00.

Computer Modelling Group Stock Up 0.3%

Shares of Computer Modelling Group stock traded up C$0.02 during trading on Friday, reaching C$6.98. The company had a trading volume of 195,727 shares, compared to its average volume of 190,789. The company has a debt-to-equity ratio of 47.62, a quick ratio of 2.25 and a current ratio of 1.27. Computer Modelling Group Ltd. has a fifty-two week low of C$6.58 and a fifty-two week high of C$14.73. The firm's fifty day moving average is C$7.54 and its 200-day moving average is C$8.89. The company has a market cap of C$563.18 million, a price-to-earnings ratio of 23.02, a price-to-earnings-growth ratio of 1.97 and a beta of 1.21.

Computer Modelling Group Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 13th. Investors of record on Friday, June 13th will be given a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a dividend yield of 2.87%. The ex-dividend date of this dividend is Thursday, June 5th. Computer Modelling Group's dividend payout ratio is presently 65.95%.

Analyst Ratings Changes

Several research analysts have recently weighed in on the stock. Raymond James decreased their target price on shares of Computer Modelling Group from C$15.00 to C$13.00 and set an "outperform" rating for the company in a research note on Wednesday, February 12th. Cibc World Mkts cut shares of Computer Modelling Group from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, February 12th. CIBC lowered their target price on Computer Modelling Group from C$14.50 to C$11.00 and set a "neutral" rating for the company in a research note on Wednesday, February 12th. Ventum Financial cut their price target on Computer Modelling Group from C$15.00 to C$14.00 and set a "buy" rating on the stock in a research note on Wednesday, February 12th. Finally, Ventum Cap Mkts downgraded Computer Modelling Group from a "strong-buy" rating to a "hold" rating in a report on Thursday, May 22nd. Four equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to data from MarketBeat, the company presently has an average rating of "Hold" and a consensus 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.