Computer Modelling Group Ltd. (TSE:CMG - Get Free Report) Senior Officer Pramod Jain purchased 14,425 shares of the firm's stock in a transaction dated Thursday, March 13th. The stock was bought at an average cost of C$7.42 per share, for a total transaction of C$107,011.11.
Computer Modelling Group Trading Up 3.1 %
Shares of TSE CMG opened at C$7.64 on Friday. Computer Modelling Group Ltd. has a 1 year low of C$7.04 and a 1 year high of C$14.73. The stock has a market cap of C$616.43 million, a P/E ratio of 25.19, a price-to-earnings-growth ratio of 1.97 and a beta of 1.21. The firm has a 50-day moving average of C$9.40 and a 200 day moving average of C$10.70. The company has a debt-to-equity ratio of 47.62, a current ratio of 1.27 and a quick ratio of 2.25.
Computer Modelling Group Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Friday, March 14th were given a dividend of $0.05 per share. The ex-dividend date of this dividend was Thursday, March 6th. This represents a $0.20 dividend on an annualized basis and a yield of 2.62%. Computer Modelling Group's dividend payout ratio (DPR) is currently 65.95%.
Analysts Set New Price Targets
Several equities analysts recently commented on CMG shares. CIBC reduced their target price on shares of 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. Ventum Financial dropped their target price on shares of 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. Raymond James dropped their target price on shares of Computer Modelling Group from C$15.00 to C$13.00 and set an "outperform" rating for the company in a research report on Wednesday, February 12th. BMO Capital Markets dropped their target price on shares of Computer Modelling Group from C$14.00 to C$13.00 in a research report on Friday, December 13th. Finally, Cibc World Mkts cut shares of Computer Modelling Group from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, February 12th. Three research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat, Computer Modelling Group currently has an average rating of "Moderate Buy" and a consensus price target of C$13.13.
Get Our Latest Analysis on Computer Modelling Group
Computer Modelling Group Company Profile
(
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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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