Computer Modelling Group Ltd. (TSE:CMG - Get Free Report) has been given an average recommendation of "Hold" by the seven research firms that are covering the stock, Marketbeat Ratings reports. Four investment analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average 1-year price target among analysts that have covered the stock in the last year is C$13.14.
Separately, Ventum Cap Mkts downgraded Computer Modelling Group from a "strong-buy" rating to a "hold" rating in a report on Thursday, May 22nd.
Check Out Our Latest Stock Report on CMG
Insider Buying and Selling at Computer Modelling Group
In related news, Director Kenneth Michael Dedeluk sold 20,000 shares of Computer Modelling Group stock in a transaction dated Friday, June 20th. The stock was sold at an average price of C$7.00, for a total value of C$140,000.00. Also, Senior Officer Pramod Jain purchased 6,100 shares of the business's stock in a transaction that occurred on Tuesday, June 3rd. The stock was acquired at an average price of C$4.99 per share, with a total value of C$30,455.47. In the last quarter, insiders purchased 21,346 shares of company stock worth $136,969 and sold 51,800 shares worth $363,190. Company insiders own 1.03% of the company's stock.
Computer Modelling Group Trading Up 1.6%
CMG stock traded up C$0.12 during midday trading on Friday, reaching C$7.43. 62,426 shares of the company traded hands, compared to its average volume of 186,252. 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 debt-to-equity ratio of 47.62, a quick ratio of 2.25 and a current ratio of 1.27. The business has a 50 day moving average of C$7.34 and a 200-day moving average of C$8.24. The firm has a market capitalization of C$599.49 million, a price-to-earnings ratio of 24.50, a P/E/G ratio of 1.97 and a beta of 1.21.
Computer Modelling Group Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Friday, June 13th. Shareholders of record on Friday, June 13th were paid a dividend of $0.05 per share. The ex-dividend date was Thursday, June 5th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 2.69%. Computer Modelling Group's payout ratio is currently 65.95%.
About Computer Modelling Group
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Get Free ReportComputer 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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