Computer Modelling Group Ltd. (TSE:CMG - Get Free Report) Senior Officer Long X. Nghiem sold 15,000 shares of the stock in a transaction that occurred on Monday, November 18th. The shares were sold at an average price of C$10.20, for a total transaction of C$153,000.00.
Computer Modelling Group Stock Performance
TSE:CMG opened at C$10.07 on Wednesday. Computer Modelling Group Ltd. has a fifty-two week low of C$8.43 and a fifty-two week high of C$14.73. The firm has a market capitalization of C$824.23 million, a PE ratio of 35.96, a PEG ratio of 1.97 and a beta of 1.21. The company has a debt-to-equity ratio of 52.77, a quick ratio of 2.25 and a current ratio of 1.81. The stock's fifty day moving average is C$11.61 and its 200 day moving average is C$12.33.
Computer Modelling Group Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Friday, September 13th. Investors of record on Friday, September 13th were issued a dividend of $0.05 per share. The ex-dividend date of this dividend was Thursday, September 5th. This represents a $0.20 annualized dividend and a yield of 1.99%. Computer Modelling Group's payout ratio is 71.43%.
Wall Street Analysts Forecast Growth
CMG has been the topic of a number of recent research reports. CIBC decreased their target price on Computer Modelling Group from C$15.00 to C$14.50 in a report on Wednesday, November 13th. Ventum Financial boosted their price target on shares of Computer Modelling Group from C$13.00 to C$15.00 and gave the stock a "buy" rating in a research note on Wednesday, July 31st. Acumen Capital lifted their price objective on Computer Modelling Group from C$13.00 to C$15.00 in a research note on Friday, August 9th. National Bankshares set a C$14.00 target price on Computer Modelling Group and gave the company an "outperform" rating in a research report on Wednesday, September 11th. Finally, Canaccord Genuity Group lowered shares of Computer Modelling Group from a "buy" rating to a "hold" rating and cut their target price for the company from C$15.00 to C$12.00 in a report on Wednesday, November 13th. One analyst has rated the stock with a sell rating, one has issued a hold rating, six have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of C$13.50.
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About Computer Modelling Group
(
Get Free Report)
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.
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