Computer Modelling Group Ltd. (TSE:CMG) Director Acquires C$23,758.02 in Stock

Computer Modelling Group Ltd. (TSE:CMG - Get Free Report) Director Alexander Davern purchased 3,000 shares of the firm's stock in a transaction dated Friday, March 21st. The shares were bought at an average cost of C$7.92 per share, with a total value of C$23,758.02.

Alexander Davern also recently made the following trade(s):

  • On Wednesday, March 19th, Alexander Davern acquired 3,000 shares of Computer Modelling Group stock. The shares were bought at an average price of C$7.68 per share, for a total transaction of C$23,047.17.

Computer Modelling Group Price Performance

Shares of TSE CMG opened at C$7.90 on Friday. The company has a debt-to-equity ratio of 47.62, a current ratio of 1.27 and a quick ratio of 2.25. The firm has a market capitalization of C$637.41 million, a PE ratio of 26.05, a P/E/G ratio of 1.97 and a beta of 1.21. Computer Modelling Group Ltd. has a 1-year low of C$7.04 and a 1-year high of C$14.73. The business's fifty day moving average price is C$9.09 and its two-hundred day moving average price is C$10.50.

Computer Modelling Group Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Friday, March 14th were given a $0.05 dividend. The ex-dividend date was Thursday, March 6th. This represents a $0.20 annualized dividend and a yield of 2.53%. Computer Modelling Group's dividend payout ratio is presently 65.95%.

Analyst Upgrades and Downgrades




Several equities research analysts have recently weighed in on the stock. CIBC dropped their target price on shares of 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. Raymond James cut their price objective on Computer Modelling Group from C$15.00 to C$13.00 and set an "outperform" rating on the stock in a research note on Wednesday, February 12th. BMO Capital Markets decreased their target price 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 report on Wednesday, February 12th. Finally, Cibc World Mkts cut Computer Modelling Group from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, February 12th. Three investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat.com, Computer Modelling Group currently has a consensus rating of "Moderate Buy" and a consensus target price of C$13.13.

View Our Latest Analysis on Computer Modelling Group

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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