Key Points
- Director Pramod Jain bought 12,054 shares of Computer Modelling Group at C$3.47 each, spending a total of C$41,827.38 and increasing his stake by 6.67%.
- The stock last traded at C$3.70, giving the company a market cap of about C$288.6 million; it sits near its 52-week low of C$3.40 versus a high of C$8.23.
- Analysts currently rate CMG as a Moderate Buy with an average price target of C$5.75, while the company recently posted C$0.07 EPS and pays a quarterly dividend of C$0.01 per share.
Computer Modelling Group Ltd. (TSE:CMG - Get Free Report) insider Kristina Mysev purchased 3,308 shares of Computer Modelling Group stock in a transaction that occurred on Tuesday, June 30th. The stock was acquired at an average cost of C$3.47 per share, with a total value of C$11,478.76. Following the acquisition, the insider directly owned 24,032 shares of the company's stock, valued at C$83,391.04. The trade was a 15.96% increase in their position.
Computer Modelling Group Price Performance
Shares of TSE CMG opened at C$3.70 on Wednesday. The company has a quick ratio of 2.25, a current ratio of 1.00 and a debt-to-equity ratio of 55.24. Computer Modelling Group Ltd. has a fifty-two week low of C$3.40 and a fifty-two week high of C$8.23. The business has a 50 day moving average price of C$3.80 and a two-hundred day moving average price of C$4.24. The firm has a market cap of C$288.58 million, a PE ratio of 17.62, a price-to-earnings-growth ratio of 1.97 and a beta of -0.80.
Computer Modelling Group (TSE:CMG - Get Free Report) last announced its earnings results on Thursday, May 21st. The company reported C$0.07 earnings per share (EPS) for the quarter. The company had revenue of C$33.67 million for the quarter. Computer Modelling Group had a return on equity of 20.50% and a net margin of 13.80%. Sell-side analysts expect that Computer Modelling Group Ltd. will post 0.3055122 earnings per share for the current fiscal year.
Computer Modelling Group Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Monday, June 15th were issued a $0.01 dividend. The ex-dividend date of this dividend was Friday, June 5th. This represents a $0.04 annualized dividend and a yield of 1.1%. Computer Modelling Group's dividend payout ratio is currently 38.10%.
Analyst Upgrades and Downgrades
Several research analysts have weighed in on CMG shares. Ventum Financial raised their price objective on shares of Computer Modelling Group from C$6.50 to C$6.75 and gave the stock a "buy" rating in a report on Thursday, March 26th. Raymond James Financial cut their target price on shares of Computer Modelling Group from C$7.00 to C$6.00 and set an "outperform" rating on the stock in a research note on Friday, May 22nd. Finally, National Bank Financial reduced their price target on shares of Computer Modelling Group from C$5.00 to C$4.50 and set a "sector perform" rating on the stock in a research report on Wednesday, May 27th. Two investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of C$5.75.
Check Out Our Latest Analysis on Computer Modelling Group
About Computer Modelling Group
(
Get Free Report)
Computer Modelling Group Ltd is a Canada-based provider of reservoir simulation software for the oil and gas industry. Its capabilities include integrated analysis and optimization, black oil and unconventional simulation, reservoir and production system modelling, post-processor visualization, compositional simulation, thermal processes simulation, and fluid property characterization. The firm has operations in over 60 countries in the Americas, Europe, Middle East, Africa, and Asia-Pacific regions.
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