Computer Modelling Group Ltd. (TSE:CMG) Director Kenneth Michael Dedeluk Sells 6,800 Shares

Computer Modelling Group Ltd. (TSE:CMG - Get Free Report) Director Kenneth Michael Dedeluk sold 6,800 shares of the business's stock in a transaction dated Tuesday, June 10th. The shares were sold at an average price of C$7.05, for a total value of C$47,940.00.

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

• On Thursday, June 5th, Kenneth Michael Dedeluk sold 10,000 shares of Computer Modelling Group stock. The stock was sold at an average price of C$7.10, for a total value of C$71,000.00.
• On Tuesday, June 3rd, Kenneth Michael Dedeluk sold 5,000 shares of Computer Modelling Group stock. The stock was sold at an average price of C$6.85, for a total value 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 value of C$35,000.00.
• On Monday, March 31st, Kenneth Michael Dedeluk sold 7,100 shares of Computer Modelling Group stock. The shares were sold at an average price of C$8.00, for a total value of C$56,800.00.

Computer Modelling Group Stock Performance

CMG traded down C$0.06 on Friday, hitting C$6.86. 92,906 shares of the company's stock were exchanged, compared to its average volume of 188,370. The firm has a market cap of C$553.50 million, a PE ratio of 22.62, a P/E/G ratio of 1.97 and a beta of 1.21. Computer Modelling Group Ltd. has a twelve month low of C$6.58 and a twelve month high of C$14.73. The stock has a fifty day moving average of C$7.49 and a two-hundred day moving average of C$8.78. 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 Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 13th. Stockholders of record on Friday, June 13th were issued a $0.05 dividend. This represents a $0.20 annualized dividend and a dividend yield of 2.92%. The ex-dividend date of this dividend was Thursday, June 5th. Computer Modelling Group's dividend payout ratio (DPR) is presently 65.95%.

Analyst Ratings Changes

Separately, Ventum Cap Mkts lowered Computer Modelling Group from a "strong-buy" rating to a "hold" rating in a report on Thursday, May 22nd. Four investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus 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.