Computer Modelling Group Ltd. (TSE:CMG - Get Free Report) Senior Officer Pramod Jain acquired 14,091 shares of the stock in a transaction that occurred on Thursday, December 12th. The stock was acquired at an average cost of C$10.68 per share, for a total transaction of C$150,545.43.
Computer Modelling Group Price Performance
Shares of Computer Modelling Group stock opened at C$10.89 on Friday. The stock has a market cap of C$891.35 million, a P/E ratio of 38.89, a P/E/G 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$11.26 and its 200 day moving average is C$12.29. Computer Modelling Group Ltd. has a one year low of C$8.43 and a one year high of C$14.73.
Computer Modelling Group Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 13th. Stockholders of record on Friday, December 13th will be paid a $0.05 dividend. This represents a $0.20 annualized dividend and a dividend yield of 1.84%. The ex-dividend date is Thursday, December 5th. Computer Modelling Group's dividend payout ratio (DPR) is currently 71.43%.
Analyst Upgrades and Downgrades
CMG has been the topic of a number of research analyst reports. CIBC lowered their price target on Computer Modelling Group from C$15.00 to C$14.50 in a report on Wednesday, November 13th. National Bankshares set a C$14.00 target price on shares of Computer Modelling Group and gave the stock an "outperform" rating in a report on Wednesday, September 11th. Finally, Canaccord Genuity Group cut Computer Modelling Group from a "buy" rating to a "hold" rating and reduced their price objective for the company from C$15.00 to C$12.00 in a research report on Wednesday, November 13th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating, six have given a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat, Computer Modelling Group currently has an average rating of "Moderate Buy" and an average 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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