Computer Modelling Group Ltd. (TSE:CMG - Get Free Report) Director Kenneth Michael Dedeluk sold 5,885 shares of the stock in a transaction that occurred on Monday, March 3rd. The stock was sold at an average price of C$8.10, for a total value of C$47,668.50.
Kenneth Michael Dedeluk also recently made the following trade(s):
- On Thursday, February 27th, Kenneth Michael Dedeluk sold 5,000 shares of Computer Modelling Group stock. The stock was sold at an average price of C$8.25, for a total value of C$41,250.00.
- On Thursday, February 20th, Kenneth Michael Dedeluk sold 5,000 shares of Computer Modelling Group stock. The stock was sold at an average price of C$8.50, for a total value of C$42,500.00.
- On Tuesday, February 18th, Kenneth Michael Dedeluk sold 4,095 shares of Computer Modelling Group stock. The stock was sold at an average price of C$8.75, for a total value of C$35,831.25.
- On Monday, January 20th, Kenneth Michael Dedeluk sold 10,000 shares of Computer Modelling Group stock. The stock was sold at an average price of C$10.50, for a total value of C$105,000.00.
- On Thursday, January 16th, Kenneth Michael Dedeluk sold 5,000 shares of Computer Modelling Group stock. The stock was sold at an average price of C$10.35, for a total value of C$51,750.00.
Computer Modelling Group Stock Down 0.7 %
Shares of TSE CMG opened at C$8.05 on Tuesday. The stock has a market cap of C$649.51 million, a P/E ratio of 26.55, a PEG ratio of 1.97 and a beta of 1.21. The company has a current ratio of 1.27, a quick ratio of 2.25 and a debt-to-equity ratio of 47.62. Computer Modelling Group Ltd. has a 12-month low of C$7.82 and a 12-month high of C$14.73. The business's fifty day simple moving average is C$9.92 and its 200-day simple moving average is C$11.05.
Computer Modelling Group Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 14th. Stockholders of record on Friday, March 14th will be paid a $0.05 dividend. This represents a $0.20 annualized dividend and a dividend yield of 2.48%. The ex-dividend date of this dividend is Thursday, March 6th. Computer Modelling Group's payout ratio is currently 65.95%.
Wall Street Analyst Weigh In
Several research analysts have recently commented on CMG shares. CIBC lowered their price target on Computer Modelling Group from C$14.50 to C$11.00 and set a "neutral" rating for the company in a research report on Wednesday, February 12th. BMO Capital Markets lowered their price target on Computer Modelling Group from C$14.00 to C$13.00 in a research report on Friday, December 13th. Ventum Financial lowered their price target on Computer Modelling Group from C$15.00 to C$14.00 and set a "buy" rating for the company in a research report on Wednesday, February 12th. Canaccord Genuity Group lowered Computer Modelling Group from a "buy" rating to a "hold" rating and lowered their price target for the stock from C$15.00 to C$12.00 in a research report on Wednesday, November 13th. Finally, Cibc World Mkts lowered Computer Modelling Group from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, February 12th. Three investment analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of C$13.13.
Read Our Latest Stock Analysis on CMG
Computer Modelling Group Company Profile
(
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.
Further Reading

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