Computer Modelling Group Ltd. (TSE:CMG) Director Sells C$35,000.00 in Stock

Computer Modelling Group Ltd. (TSE:CMG - Get Free Report) Director Kenneth Michael Dedeluk sold 5,000 shares of the firm's stock in a transaction that occurred on Thursday, June 12th. The stock was sold at an average price of C$7.00, for a total transaction of C$35,000.00.

Kenneth Michael Dedeluk also recently made the following trade(s):

• On Tuesday, June 10th, Kenneth Michael Dedeluk sold 6,800 shares of Computer Modelling Group stock. The stock was sold at an average price of C$7.05, for a total value of C$47,940.00.
• On Thursday, June 5th, Kenneth Michael Dedeluk sold 10,000 shares of Computer Modelling Group stock. The shares were sold at an average price of C$7.10, for a total value of C$71,000.00.
• On Tuesday, June 3rd, Kenneth Michael Dedeluk sold 5,000 shares of Computer Modelling Group stock. The shares were sold at an average price of C$6.85, for a total value of C$34,250.00.
• On Wednesday, May 28th, Kenneth Michael Dedeluk sold 5,000 shares of Computer Modelling Group stock. The stock was sold at an average price of C$7.00, for a total value of C$35,000.00.
• On Monday, March 31st, Kenneth Michael Dedeluk sold 7,100 shares of Computer Modelling Group stock. The stock was sold at an average price of C$8.00, for a total transaction of C$56,800.00.

Computer Modelling Group Stock Up 6.3%

Computer Modelling Group stock traded up C$0.43 during mid-day trading on Thursday, hitting C$7.29. The company's stock had a trading volume of 240,856 shares, compared to its average volume of 185,494. Computer Modelling Group Ltd. has a 52-week low of C$6.58 and a 52-week high of C$14.73. The company has a market cap of C$588.19 million, a PE ratio of 24.04, a price-to-earnings-growth ratio of 1.97 and a beta of 1.21. 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's 50 day moving average is C$7.48 and its 200 day moving average is C$8.69.

Computer Modelling Group Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, June 13th. Stockholders of record on Friday, June 13th were issued a $0.05 dividend. The ex-dividend date of this dividend was Thursday, June 5th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 2.74%. Computer Modelling Group's dividend payout ratio is 65.95%.

Analyst Upgrades and Downgrades

Separately, Ventum Cap Mkts lowered shares of Computer Modelling Group from a "strong-buy" rating to a "hold" rating in a report on Thursday, May 22nd. Four equities research analysts have rated the stock with a hold rating and three have given 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.

About Computer Modelling Group

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.