Computer Modelling Group Ltd. (TSE:CMG - Get Free Report) crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$8.35 and traded as low as C$7.40. Computer Modelling Group shares last traded at C$7.51, with a volume of 72,725 shares.
Wall Street Analysts Forecast Growth
Separately, Ventum Cap Mkts cut Computer Modelling Group from a "strong-buy" rating to a "hold" rating in a research report on Thursday, May 22nd. Four research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of "Hold" and an average target price of C$13.14.
View Our Latest Stock Analysis on CMG
Computer Modelling Group Price Performance
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 stock's fifty day moving average is C$7.39 and its 200-day moving average is C$8.35. The stock has a market cap of C$599.49 million, a PE ratio of 24.50, a price-to-earnings-growth ratio of 1.97 and a beta of 1.21.
Computer Modelling Group Dividend Announcement
The firm also recently declared 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 2.69%. Computer Modelling Group's dividend payout ratio is presently 65.95%.
Insider Transactions at Computer Modelling Group
In other news, Director Kenneth Michael Dedeluk sold 20,000 shares of the stock in a transaction dated Friday, June 20th. The shares were sold at an average price of C$7.00, for a total transaction of C$140,000.00. Also, Senior Officer Pramod Jain bought 6,100 shares of Computer Modelling Group stock in a transaction that occurred on Tuesday, June 3rd. The stock was purchased at an average cost of C$4.99 per share, for a total transaction of C$30,455.47. Over the last quarter, insiders have acquired 21,346 shares of company stock valued at $136,969 and have sold 51,800 shares valued at $363,190. Corporate insiders own 1.03% of the company's stock.
About Computer Modelling Group
(
Get Free Report)
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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