Computer Modelling Group Ltd. (TSE:CMG) Director Kenneth Michael Dedeluk Sells 4,095 Shares

Computer Modelling Group Ltd. (TSE:CMG) Director Kenneth Michael Dedeluk sold 4,095 shares of Computer Modelling Group stock in a transaction on Tuesday, February 18th. The stock was sold at an average price of C$8.75, for a total transaction of C$35,831.25.

Kenneth Michael Dedeluk also recently made the following trade(s):

• 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 transaction of C$105,000.00.
• On Thursday, January 16th, Kenneth Michael Dedeluk sold 5,000 shares of Computer Modelling Group stock. The shares were sold at an average price of C$10.35, for a total transaction of C$51,750.00.
• On Monday, December 2nd, Kenneth Michael Dedeluk sold 700 shares of Computer Modelling Group stock. The stock was sold at an average price of C$11.55, for a total value of C$8,085.00.

Computer Modelling Group Stock Up 1.4 %

Shares of Computer Modelling Group stock opened at C$8.54 on Thursday. Computer Modelling Group Ltd. has a one year low of C$8.25 and a one year high of C$14.73. The company has a market cap of C$689.05 million, a P/E ratio of 28.16, a PEG ratio of 1.97 and a beta of 1.21. The company has a debt-to-equity ratio of 47.62, a quick ratio of 2.25 and a current ratio of 1.27. The firm has a fifty day moving average of C$10.28 and a two-hundred day moving average of C$11.33.

Computer Modelling Group Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, December 13th. Stockholders of record on Friday, December 13th were paid a dividend of $0.05 per share. The ex-dividend date of this dividend was Thursday, December 5th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 2.34%. Computer Modelling Group’s dividend payout ratio (DPR) is presently 65.95%.

Analyst Ratings Changes

A number of equities analysts recently commented on CMG shares. Cibc World Mkts downgraded Computer Modelling Group from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, February 12th. CIBC lowered their price target on shares of Computer Modelling Group from C$14.50 to C$11.00 and set a “neutral” rating on the stock in a research report on Wednesday, February 12th. BMO Capital Markets cut their price objective on shares of Computer Modelling Group from C$14.00 to C$13.00 in a research report on Friday, December 13th. Canaccord Genuity Group lowered shares of Computer Modelling Group from a “buy” rating to a “hold” rating and decreased their target price for the company from C$15.00 to C$12.00 in a report on Wednesday, November 13th. Finally, Raymond James cut their price target on shares of Computer Modelling Group from C$15.00 to C$13.00 and set an “outperform” rating for the company in a report on Wednesday, February 12th. One analyst has rated the stock with a sell rating, three have given a hold rating and five have issued a buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of C$12.67.

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.