Computer Modelling Group Ltd. (TSE:CMG - Get Free Report) shares crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$8.47 and traded as low as C$7.03. Computer Modelling Group shares last traded at C$7.21, with a volume of 653,220 shares.
Analyst Ratings Changes
Separately, Ventum Cap Mkts downgraded shares of 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 given a buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of "Hold" and an average price target of C$13.14.
Check Out Our Latest Report on Computer Modelling Group
Computer Modelling Group Trading Up 0.7%
The company has a debt-to-equity ratio of 47.62, a current ratio of 1.27 and a quick ratio of 2.25. The firm has a fifty day simple moving average of C$7.41 and a two-hundred day simple moving average of C$8.41. The firm has a market capitalization of C$605.94 million, a P/E ratio of 24.76, a price-to-earnings-growth ratio of 1.97 and a beta of 1.21.
Computer Modelling Group Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Friday, June 13th. Stockholders 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 annualized dividend and a dividend yield of 2.66%. Computer Modelling Group's payout ratio is 65.95%.
Insider Buying and Selling
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 acquired at an average cost of C$6.99 per share, with a total value of C$77,589.00. Also, Director Kenneth Michael Dedeluk sold 20,000 shares of the stock in a transaction dated Friday, June 20th. The stock was sold at an average price of C$7.00, for a total transaction of C$140,000.00. In the last 90 days, insiders bought 21,346 shares of company stock valued at $136,969 and sold 51,800 shares valued at $363,190. 1.03% of the stock is currently owned by insiders.
Computer Modelling Group Company Profile
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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.
Further Reading
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