Computer Modelling Group Ltd. (TSE:CMG) Given Consensus Rating of "Hold" by Analysts

Shares of Computer Modelling Group Ltd. (TSE:CMG - Get Free Report) have received an average recommendation of "Hold" from the seven analysts that are currently covering the firm, Marketbeat Ratings reports. Four equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average 1 year target price among brokerages that have covered the stock in the last year is C$13.14.

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

Computer Modelling Group Trading Up 0.1%

CMG opened at C$6.80 on Wednesday. The firm has a market capitalization of C$548.66 million, a P/E ratio of 22.42, a P/E/G ratio of 1.97 and a beta of 1.21. The firm's 50 day moving average is C$7.48 and its 200-day moving average is C$8.71. Computer Modelling Group has a 52-week low of C$6.58 and a 52-week high of C$14.73. The company has a quick ratio of 2.25, a current ratio of 1.27 and a debt-to-equity ratio of 47.62.

Computer Modelling Group Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 13th. Stockholders of record on Friday, June 13th were given a dividend of $0.05 per share. The ex-dividend date was Thursday, June 5th. This represents a $0.20 annualized dividend and a dividend yield of 2.94%. Computer Modelling Group's dividend payout ratio (DPR) is 65.95%.

Insider Activity

In other Computer Modelling Group news, Director Kenneth Michael Dedeluk sold 5,000 shares of the company's stock in a transaction dated Wednesday, May 28th. The shares were sold at an average price of C$7.00, for a total transaction of C$35,000.00. Also, Senior Officer Pramod Jain acquired 6,100 shares of Computer Modelling Group stock in a transaction on Tuesday, June 3rd. The shares were purchased at an average cost of C$4.99 per share, with a total value of C$30,455.47. In the last quarter, insiders acquired 29,346 shares of company stock worth $200,430 and sold 38,900 shares worth $279,990. Insiders own 1.03% of the company's stock.

About Computer Modelling Group

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.

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