Computer Modelling Group Ltd. (TSE:CMG) Senior Officer Buys C$107,011.11 in Stock

Computer Modelling Group Ltd. (TSE:CMG - Get Free Report) Senior Officer Pramod Jain bought 14,425 shares of the company's stock in a transaction that occurred on Thursday, March 13th. The shares were bought at an average price of C$7.42 per share, for a total transaction of C$107,011.11.

Pramod Jain also recently made the following trade(s):

• On Tuesday, March 18th, Pramod Jain acquired 4,635 shares of Computer Modelling Group stock. The stock was acquired at an average price of C$7.68 per share, for a total transaction of C$35,590.31.

Computer Modelling Group Trading Up 0.1 %

Shares of CMG stock traded up C$0.01 during mid-day trading on Tuesday, hitting C$7.66. The company's stock had a trading volume of 84,126 shares, compared to its average volume of 224,894. The company's fifty day simple moving average is C$9.23 and its 200-day simple moving average is C$10.60. Computer Modelling Group Ltd. has a 52 week low of C$7.04 and a 52 week high of C$14.73. 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 company has a market cap of C$618.04 million, a PE ratio of 25.26, a P/E/G ratio of 1.97 and a beta of 1.21.

Computer Modelling Group Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Friday, March 14th were paid a $0.05 dividend. The ex-dividend date of this dividend was Thursday, March 6th. This represents a $0.20 annualized dividend and a dividend yield of 2.61%. Computer Modelling Group's dividend payout ratio is presently 65.95%.

Analyst Upgrades and Downgrades

Several analysts have issued reports on the company. CIBC dropped their price objective on Computer Modelling Group from C$14.50 to C$11.00 and set a "neutral" rating on the stock in a research note on Wednesday, February 12th. Ventum Financial reduced their price target on Computer Modelling Group from C$15.00 to C$14.00 and set a "buy" rating on the stock in a research report on Wednesday, February 12th. BMO Capital Markets reduced their target price on Computer Modelling Group from C$14.00 to C$13.00 in a report on Friday, December 13th. Cibc World Mkts downgraded Computer Modelling Group from a "strong-buy" rating to a "hold" rating in a report on Wednesday, February 12th. Finally, Raymond James dropped their price target on Computer Modelling Group from C$15.00 to C$13.00 and set an "outperform" rating for the company in a research note on Wednesday, February 12th. Three research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of C$13.13.

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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.