Computer Modelling Group Ltd. (TSE:CMG) Senior Officer Sells C$104,100.00 in Stock

Computer Modelling Group Ltd. (TSE:CMG) Senior Officer Long X. Nghiem sold 10,000 shares of the business’s stock in a transaction on Thursday, November 28th. The shares were sold at an average price of C$10.41, for a total transaction of C$104,100.00.

Computer Modelling Group Stock Performance

Shares of CMG opened at C$10.26 on Monday. The company has a market cap of C$839.78 million, a price-to-earnings ratio of 36.64, a P/E/G ratio of 1.97 and a beta of 1.21. The business’s fifty day simple moving average is C$11.36 and its two-hundred day simple moving average is C$12.30. Computer Modelling Group Ltd. has a 12 month low of C$8.43 and a 12 month high of C$14.73. The company has a current ratio of 1.81, a quick ratio of 2.25 and a debt-to-equity ratio of 52.77.

Computer Modelling Group Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 13th. Investors of record on Friday, December 13th will be issued a $0.05 dividend. The ex-dividend date is Thursday, December 5th. This represents a $0.20 annualized dividend and a yield of 1.95%. Computer Modelling Group’s payout ratio is 71.43%.

Analyst Ratings Changes

Several research firms recently commented on CMG. CIBC dropped their price objective on shares of Computer Modelling Group from C$15.00 to C$14.50 in a research note on Wednesday, November 13th. Canaccord Genuity Group cut Computer Modelling Group from a “buy” rating to a “hold” rating and dropped their price target for the stock from C$15.00 to C$12.00 in a research report on Wednesday, November 13th. National Bankshares set a C$14.00 price objective on Computer Modelling Group and gave the company an “outperform” rating in a research report on Wednesday, September 11th. Finally, Acumen Capital boosted their target price on Computer Modelling Group from C$13.00 to C$15.00 in a report on Friday, August 9th. One research analyst has rated the stock with a sell rating, one has given a hold rating, six have issued a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of C$13.50.

Computer Modelling Group Company Profile

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.