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

Computer Modelling Group Ltd. (TSE:CMG - Get Free Report) Director Alexander Davern bought 3,000 shares of the stock in a transaction on Friday, March 21st. The shares were acquired 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 Monday, March 24th, Alexander Davern bought 3,000 shares of Computer Modelling Group stock. The stock was bought at an average cost of C$7.86 per share, for a total transaction of C$23,586.42.
• On Wednesday, March 19th, Alexander Davern bought 3,000 shares of Computer Modelling Group stock. The shares were bought at an average price of C$7.68 per share, with a total value of C$23,047.17.

Computer Modelling Group Stock Up 0.8 %

Shares of TSE:CMG traded up C$0.06 during mid-day trading on Tuesday, reaching C$8.06. 112,566 shares of the stock were exchanged, compared to its average volume of 218,652. The company has a market cap of C$650.32 million, a P/E ratio of 26.58, a P/E/G ratio of 1.97 and a beta of 1.21. The stock's 50 day simple moving average is C$9.00 and its 200-day simple moving average is C$10.43. The company has a quick ratio of 2.25, a current ratio of 1.27 and a debt-to-equity ratio of 47.62. Computer Modelling Group Ltd. has a one year low of C$7.04 and a one year high of C$14.73.

Computer Modelling Group Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Friday, March 14th were issued a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a yield of 2.48%. The ex-dividend date was Thursday, March 6th. Computer Modelling Group's payout ratio is 65.95%.

Analyst Upgrades and Downgrades

CMG has been the topic of several recent analyst reports. Cibc World Mkts lowered shares of Computer Modelling Group from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, February 12th. Raymond James reduced their price target on shares of Computer Modelling Group from C$15.00 to C$13.00 and set an "outperform" rating on the stock in a research report on Wednesday, February 12th. Ventum Financial dropped their price objective on Computer Modelling Group from C$15.00 to C$14.00 and set a "buy" rating on the stock in a research note on Wednesday, February 12th. CIBC decreased their target price on Computer Modelling Group from C$14.50 to C$11.00 and set a "neutral" rating for the company in a research note on Wednesday, February 12th. Finally, BMO Capital Markets dropped their price target on Computer Modelling Group from C$14.00 to C$13.00 in a research report on Friday, December 13th. Three equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to MarketBeat, Computer Modelling Group has a consensus rating of "Moderate Buy" and a consensus target price of C$13.13.

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.