Computer Modelling Group Ltd. (TSE:CMG) Senior Officer Pramod Jain Buys 6,100 Shares

Computer Modelling Group Ltd. (TSE:CMG - Get Free Report) Senior Officer Pramod Jain bought 6,100 shares of the business's stock in a transaction on Tuesday, June 3rd. The shares were acquired at an average price of C$4.99 per share, with a total value of C$30,455.47.

Pramod Jain also recently made the following trade(s):

• On Thursday, May 29th, Pramod Jain bought 750 shares of Computer Modelling Group stock. The stock was purchased at an average cost of C$6.74 per share, for a total transaction of C$5,051.25.
• On Tuesday, March 18th, Pramod Jain bought 4,635 shares of Computer Modelling Group stock. The shares were acquired at an average price of C$7.68 per share, for a total transaction of C$35,590.31.
• On Thursday, March 13th, Pramod Jain purchased 14,425 shares of Computer Modelling Group stock. The shares were acquired at an average cost of C$7.42 per share, with a total value of C$107,011.11.

Computer Modelling Group Stock Performance

CMG traded up C$0.02 during trading hours on Friday, hitting C$6.98. The company's stock had a trading volume of 195,727 shares, compared to its average volume of 190,789. Computer Modelling Group Ltd. has a fifty-two week low of C$6.58 and a fifty-two week high of C$14.73. 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 firm has a market capitalization of C$563.18 million, a PE ratio of 23.02, a PEG ratio of 1.97 and a beta of 1.21. The company has a 50-day simple moving average of C$7.54 and a 200 day simple moving average of C$8.89.

Computer Modelling Group Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 13th. Stockholders of record on Friday, June 13th will be given a $0.05 dividend. The ex-dividend date of this dividend is Thursday, June 5th. This represents a $0.20 annualized dividend and a dividend yield of 2.87%. Computer Modelling Group's dividend payout ratio (DPR) is presently 65.95%.

Analysts Set New Price Targets

CMG has been the subject of a number of recent research reports. CIBC cut their target price on shares of Computer Modelling Group from C$14.50 to C$11.00 and set a "neutral" rating for the company in a report on Wednesday, February 12th. Cibc World Mkts lowered Computer Modelling Group from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, February 12th. Ventum Cap Mkts downgraded Computer Modelling Group from a "strong-buy" rating to a "hold" rating in a report on Thursday, May 22nd. Raymond James reduced their price objective on Computer Modelling Group from C$15.00 to C$13.00 and set an "outperform" rating for the company in a research note on Wednesday, February 12th. Finally, Ventum Financial cut their target price on Computer Modelling Group from C$15.00 to C$14.00 and set a "buy" rating for the company in a research note on Wednesday, February 12th. Four research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to MarketBeat.com, the company has an average rating of "Hold" and a consensus target price of C$13.14.

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.