Computer Modelling Group Ltd. (TSE:CMG - Get Free Report) Director Alexander Davern acquired 3,000 shares of the stock in a transaction on Wednesday, March 19th. The stock was purchased at an average cost of C$7.68 per share, with a total value of C$23,047.17.
Computer Modelling Group Price Performance
TSE:CMG opened at C$7.95 on Thursday. The business's 50-day moving average price is C$9.18 and its 200 day moving average price is C$10.56. The firm has a market cap of C$641.44 million, a P/E ratio of 26.22, a PEG ratio of 1.97 and a beta of 1.21. Computer Modelling Group Ltd. has a 52-week low of C$7.04 and a 52-week high of C$14.73. The company has a quick ratio of 2.25, a current ratio of 1.27 and a debt-to-equity ratio of 47.62.
Computer Modelling Group Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Friday, March 14th were issued a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a yield of 2.52%. The ex-dividend date of this dividend was Thursday, March 6th. Computer Modelling Group's payout ratio is currently 65.95%.
Analyst Ratings Changes
CMG has been the subject of several recent research reports. Raymond James lowered their price objective 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. Cibc World Mkts cut Computer Modelling Group from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, February 12th. BMO Capital Markets reduced their target price on Computer Modelling Group from C$14.00 to C$13.00 in a research note on Friday, December 13th. CIBC reduced their price objective on Computer Modelling Group from C$14.50 to C$11.00 and set a "neutral" rating on the stock in a research note on Wednesday, February 12th. Finally, Ventum Financial reduced their price objective on Computer Modelling Group from C$15.00 to C$14.00 and set a "buy" rating on the stock in a research note on Wednesday, February 12th. Three equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of C$13.13.
Get Our Latest Stock 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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