Pramod Jain Acquires 3,396 Shares of Computer Modelling Group Ltd. (TSE:CMG) Stock

Computer Modelling Group Ltd. (TSE:CMG - Get Free Report) Senior Officer Pramod Jain acquired 3,396 shares of the company's stock in a transaction on Monday, June 9th. The shares were purchased at an average cost of C$7.03 per share, for a total transaction of C$23,872.86.

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

• On Tuesday, June 3rd, Pramod Jain purchased 6,100 shares of Computer Modelling Group stock. The shares were bought at an average cost of C$4.99 per share, for a total transaction of C$30,455.47.
• On Thursday, May 29th, Pramod Jain purchased 750 shares of Computer Modelling Group stock. The shares were bought 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 purchased 4,635 shares of Computer Modelling Group stock. The shares were bought at an average cost of C$7.68 per share, for a total transaction of C$35,590.31.
• On Thursday, March 13th, Pramod Jain acquired 14,425 shares of Computer Modelling Group stock. The stock was purchased at an average price of C$7.42 per share, with a total value of C$107,011.11.

Computer Modelling Group Stock Down 0.9%

TSE:CMG traded down C$0.06 on Friday, reaching C$6.86. The stock had a trading volume of 92,906 shares, compared to its average volume of 188,370. 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 company has a 50-day moving average of C$7.49 and a 200 day moving average of C$8.77. The stock has a market cap of C$553.50 million, a P/E ratio of 22.62, a price-to-earnings-growth ratio of 1.97 and a beta of 1.21. Computer Modelling Group Ltd. has a 12-month low of C$6.58 and a 12-month high of C$14.73.

Computer Modelling Group Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 13th. Stockholders of record on Friday, June 13th were issued a $0.05 dividend. This represents a $0.20 annualized dividend and a dividend yield of 2.92%. The ex-dividend date was Thursday, June 5th. Computer Modelling Group's dividend payout ratio (DPR) is presently 65.95%.

Wall Street Analyst Weigh In

Separately, Ventum Cap Mkts downgraded shares of Computer Modelling Group from a "strong-buy" rating to a "hold" rating in a research report on Thursday, May 22nd. Four investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company's stock. According to data from MarketBeat, the company has a consensus rating of "Hold" and an average 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.