Computer Modelling Group Ltd. (TSE:CMG) Senior Officer Long X. Nghiem Sells 57,300 Shares

Computer Modelling Group Ltd. (TSE:CMG) Senior Officer Long X. Nghiem sold 57,300 shares of Computer Modelling Group stock in a transaction dated Monday, November 25th. The stock was sold at an average price of C$10.34, for a total value of C$592,596.60.

Computer Modelling Group Trading Up 0.5 %

TSE CMG traded up C$0.05 during trading on Tuesday, reaching C$10.40. 407,073 shares of the stock traded hands, compared to its average volume of 133,479. The stock’s 50-day moving average price is C$11.47 and its 200 day moving average price is C$12.32. The company has a quick ratio of 2.25, a current ratio of 1.81 and a debt-to-equity ratio of 52.77. The firm has a market cap of C$851.24 million, a price-to-earnings ratio of 37.32, a price-to-earnings-growth ratio of 1.97 and a beta of 1.21. Computer Modelling Group Ltd. has a fifty-two week low of C$8.43 and a fifty-two week high of C$14.73.

Computer Modelling Group Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 13th. Investors of record on Friday, September 13th were given a $0.05 dividend. The ex-dividend date was Thursday, September 5th. This represents a $0.20 annualized dividend and a dividend yield of 1.92%. Computer Modelling Group’s dividend payout ratio is presently 71.43%.

Analyst Upgrades and Downgrades

CMG has been the topic of several research reports. Acumen Capital boosted their price target on Computer Modelling Group from C$13.00 to C$15.00 in a research note on Friday, August 9th. Ventum Financial raised their price objective on shares of Computer Modelling Group from C$13.00 to C$15.00 and gave the stock a “buy” rating in a report on Wednesday, July 31st. National Bankshares set a C$14.00 target price on Computer Modelling Group and gave the stock an “outperform” rating in a report on Wednesday, September 11th. CIBC decreased their price target on Computer Modelling Group from C$15.00 to C$14.50 in a research note on Wednesday, November 13th. Finally, Canaccord Genuity Group lowered Computer Modelling Group from a “buy” rating to a “hold” rating and dropped their price objective for the stock from C$15.00 to C$12.00 in a research note on Wednesday, November 13th. One analyst has rated the stock with a sell rating, one has assigned a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of C$13.50.

About Computer Modelling Group

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.