Computer Modelling Group Ltd. (TSE:CMG) Senior Officer Purchases C$35,590.31 in Stock

Computer Modelling Group Ltd. (TSE:CMG) Senior Officer Pramod Jain bought 4,635 shares of the stock in a transaction that occurred on Tuesday, March 18th. The shares were bought at an average price of C$7.68 per share, for a total transaction of C$35,590.31.

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

• On Thursday, March 13th, Pramod Jain acquired 14,425 shares of Computer Modelling Group stock. The stock was acquired at an average price of C$7.42 per share, for a total transaction of C$107,011.11.

Computer Modelling Group Stock Up 0.1 %

Computer Modelling Group stock traded up C$0.01 during mid-day trading on Tuesday, reaching C$7.66. 84,126 shares of the company were exchanged, compared to its average volume of 224,894. The business has a fifty day moving average of C$9.29 and a 200 day moving average of C$10.63. The company has a debt-to-equity ratio of 47.62, a quick ratio of 2.25 and a current ratio of 1.27. The firm has a market cap of C$618.04 million, a P/E ratio of 25.26, a PEG ratio of 1.97 and a beta of 1.21. Computer Modelling Group Ltd. has a 12-month low of C$7.04 and a 12-month high of C$14.73.

Computer Modelling Group Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, March 14th. Shareholders of record on Friday, March 14th were issued a dividend of $0.05 per share. The ex-dividend date was Thursday, March 6th. This represents a $0.20 dividend on an annualized basis and a yield of 2.61%. Computer Modelling Group’s dividend payout ratio is currently 65.95%.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on CMG shares. Ventum Financial lowered their price objective on Computer Modelling Group from C$15.00 to C$14.00 and set a “buy” rating on the stock in a research report on Wednesday, February 12th. Cibc World Mkts downgraded Computer Modelling Group from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, February 12th. CIBC reduced their target price on Computer Modelling Group from C$14.50 to C$11.00 and set a “neutral” rating on the stock in a report on Wednesday, February 12th. Raymond James reduced their target price on Computer Modelling Group from C$15.00 to C$13.00 and set an “outperform” rating on the stock in a report on Wednesday, February 12th. Finally, BMO Capital Markets reduced their target price on Computer Modelling Group from C$14.00 to C$13.00 in a report on Friday, December 13th. Three investment analysts have rated the stock with a hold rating and five have given a buy rating to the company. Based on data from MarketBeat, Computer Modelling Group currently has a consensus rating of “Moderate Buy” and an average target price of C$13.13.

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.