Computer Modelling Group Ltd. (TSE:CMG - Get Free Report) Senior Officer Long X. Nghiem sold 57,300 shares of the company's stock in a transaction on Monday, November 25th. The stock was sold at an average price of C$10.34, for a total value of C$592,596.60.
Computer Modelling Group Stock Up 0.5 %
Shares of TSE CMG opened at C$10.40 on Wednesday. The firm has a 50 day moving average price of C$11.47 and a 200 day moving average price of C$12.32. 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 has a market cap of C$851.24 million, a P/E ratio of 37.14, a P/E/G ratio of 1.97 and a beta of 1.21. Computer Modelling Group Ltd. has a 52-week low of C$8.43 and a 52-week high of C$14.73.
Computer Modelling Group Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Friday, September 13th. Shareholders of record on Friday, September 13th were paid a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a yield of 1.92%. The ex-dividend date of this dividend was Thursday, September 5th. Computer Modelling Group's payout ratio is currently 71.43%.
Analyst Ratings Changes
Several equities analysts have recently issued reports on CMG shares. Ventum Financial upped their price target on Computer Modelling Group from C$13.00 to C$15.00 and gave the company a "buy" rating in a research note on Wednesday, July 31st. Acumen Capital upped their target price on shares of Computer Modelling Group from C$13.00 to C$15.00 in a research report on Friday, August 9th. CIBC lowered their price target on shares of Computer Modelling Group from C$15.00 to C$14.50 in a research report on Wednesday, November 13th. National Bankshares set a C$14.00 price objective on shares of Computer Modelling Group and gave the company an "outperform" rating in a report on Wednesday, September 11th. Finally, Canaccord Genuity Group lowered shares of Computer Modelling Group from a "buy" rating to a "hold" rating and lowered their target price for the stock from C$15.00 to C$12.00 in a report on Wednesday, November 13th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of C$13.50.
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About Computer Modelling Group
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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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