Computer Modelling Group Ltd. (TSE:CMG - Get Free Report) shares crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$3.92 and traded as high as C$4.05. Computer Modelling Group shares last traded at C$4.00, with a volume of 45,228 shares changing hands.
Wall Street Analysts Forecast Growth
Several brokerages recently commented on CMG. Raymond James Financial decreased their price objective on shares of Computer Modelling Group from C$7.00 to C$6.00 and set an "outperform" rating for the company in a research report on Friday, May 22nd. National Bank Financial dropped their target price on shares of Computer Modelling Group from C$5.00 to C$4.50 and set a "sector perform" rating on the stock in a research report on Wednesday, May 27th. Two investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of C$5.75.
Check Out Our Latest Stock Analysis on CMG
Computer Modelling Group Price Performance
The company has a market cap of C$311.98 million, a PE ratio of 21.05, a price-to-earnings-growth ratio of 1.97 and a beta of -0.81. The company has a debt-to-equity ratio of 54.99, a quick ratio of 2.25 and a current ratio of 1.06. The stock has a 50 day moving average of C$3.79 and a 200-day moving average of C$3.92.
Computer Modelling Group (TSE:CMG - Get Free Report) last issued its quarterly earnings results on Wednesday, August 12th. The company reported C$0.02 EPS for the quarter. The company had revenue of C$27.85 million during the quarter. Computer Modelling Group had a return on equity of 18.44% and a net margin of 12.41%. Equities analysts predict that Computer Modelling Group Ltd. will post 0.3055122 earnings per share for the current year.
Computer Modelling Group Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Monday, June 15th were issued a dividend of $0.01 per share. The ex-dividend date of this dividend was Friday, June 5th. This represents a $0.04 dividend on an annualized basis and a dividend yield of 1.0%. Computer Modelling Group's payout ratio is 21.05%.
Insider Buying and Selling
In other news, Director Anuroop Duggal bought 25,000 shares of the company's stock in a transaction that occurred on Tuesday, June 30th. The shares were purchased at an average price of C$3.57 per share, for a total transaction of C$89,250.00. Following the completion of the transaction, the director directly owned 214,134 shares in the company, valued at approximately C$764,458.38. This represents a 13.22% increase in their ownership of the stock. Also, Director Pramod Jain bought 12,054 shares of the company's stock in a transaction that occurred on Tuesday, June 30th. The stock was purchased at an average price of C$3.47 per share, for a total transaction of C$41,827.38. Following the transaction, the director owned 192,897 shares of the company's stock, valued at C$669,352.59. The trade was a 6.67% increase in their ownership of the stock. Insiders bought 138,367 shares of company stock valued at $513,818 over the last quarter. 1.03% of the stock is currently owned by company insiders.
About Computer Modelling Group
(
Get Free Report)
Computer Modelling Group Ltd is a Canada-based provider of reservoir simulation software for the oil and gas industry. Its capabilities include integrated analysis and optimization, black oil and unconventional simulation, reservoir and production system modelling, post-processor visualization, compositional simulation, thermal processes simulation, and fluid property characterization. The firm has operations in over 60 countries in the Americas, Europe, Middle East, Africa, and Asia-Pacific regions.
Further Reading
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.
Continue following MarketBeat
Add MarketBeat as your preferred source on Google to see our latest stories in your feed.
Before you consider Computer Modelling Group, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Computer Modelling Group wasn't on the list.
While Computer Modelling Group currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Nuclear energy is entering a new growth cycle as rising power demand, expanding data centers, and renewed policy support bring the sector back into focus. After strong gains in recent years, the most impactful phase of nuclear investment may still be ahead.
This report highlights seven nuclear energy stocks positioned across the value chain—combining near-term revenue with long-term upside as next-generation technologies scale. Click the link below to unlock the full list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
