Computer Modelling Group Ltd. (TSE:CMG) Receives Average Recommendation of "Hold" from Brokerages

Computer Modelling Group Ltd. (TSE:CMG - Get Free Report) has been given an average rating of "Hold" by the seven ratings firms that are covering the firm, Marketbeat Ratings reports. Four analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average twelve-month target price among analysts that have covered the stock in the last year is C$13.14.

Separately, Ventum Cap Mkts lowered Computer Modelling Group from a "strong-buy" rating to a "hold" rating in a research note on Thursday, May 22nd.

Insider Transactions at Computer Modelling Group

In other Computer Modelling Group news, Director Birgit Troy acquired 11,100 shares of the company's stock in a transaction on Tuesday, May 27th. The shares were bought at an average cost of C$6.99 per share, for a total transaction of C$77,589.00. Also, Director Kenneth Michael Dedeluk sold 5,000 shares of Computer Modelling Group stock in a transaction that occurred on Thursday, June 12th. The stock was sold at an average price of C$7.00, for a total value of C$35,000.00. Over the last three months, insiders purchased 26,346 shares of company stock valued at $176,672 and sold 38,900 shares valued at $279,990. Insiders own 1.03% of the company's stock.

Computer Modelling Group Trading Up 0.3%

TSE:CMG traded up C$0.02 during trading hours on Wednesday, hitting C$7.31. The company had a trading volume of 385,752 shares, compared to its average volume of 187,177. The company has a current ratio of 1.27, a quick ratio of 2.25 and a debt-to-equity ratio of 47.62. The company has a 50-day moving average of C$7.48 and a 200 day moving average of C$8.65. The company has a market cap of C$589.80 million, a P/E ratio of 24.11, a P/E/G ratio of 1.97 and a beta of 1.21. Computer Modelling Group has a 1 year low of C$6.58 and a 1 year high of C$14.73.

Computer Modelling Group Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, June 13th. Stockholders of record on Friday, June 13th were issued a $0.05 dividend. The ex-dividend date was Thursday, June 5th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 2.74%. Computer Modelling Group's dividend payout ratio (DPR) is 65.95%.

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.