Free Trial

Insider Buying: Computer Modelling Group Ltd. (TSE:CMG) Director Buys 2,000 Shares of Stock

Computer Modelling Group logo with Computer and Technology background
Remove Ads

Computer Modelling Group Ltd. (TSE:CMG - Get Free Report) Director Alexander Davern acquired 2,000 shares of the business's stock in a transaction dated Wednesday, March 26th. The shares were bought at an average price of C$8.06 per share, for a total transaction of C$16,117.24.

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 shares were bought at an average cost of C$7.86 per share, for a total transaction of C$23,586.42.
  • On Friday, March 21st, Alexander Davern acquired 3,000 shares of Computer Modelling Group stock. The shares were bought at an average price of C$7.92 per share, with a total value of C$23,758.02.
  • On Wednesday, March 19th, Alexander Davern bought 3,000 shares of Computer Modelling Group stock. The stock was purchased at an average price of C$7.68 per share, with a total value of C$23,047.17.

Computer Modelling Group Price Performance

Shares of TSE:CMG traded up C$0.02 during trading on Friday, reaching C$8.00. 177,277 shares of the company's stock traded hands, compared to its average volume of 213,490. 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 fifty-two week low of C$7.04 and a fifty-two week high of C$14.73. The company has a 50-day simple moving average of C$8.86 and a 200-day simple moving average of C$10.33. The firm has a market cap of C$645.48 million, a PE ratio of 26.38, a P/E/G ratio of 1.97 and a beta of 1.21.

Computer Modelling Group Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Friday, March 14th were given a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a dividend yield of 2.50%. The ex-dividend date of this dividend was Thursday, March 6th. Computer Modelling Group's dividend payout ratio (DPR) is presently 65.95%.

Remove Ads

Wall Street Analysts Forecast Growth

CMG has been the topic of a number of research reports. CIBC cut 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 report on Wednesday, February 12th. Cibc World Mkts cut shares of Computer Modelling Group from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, February 12th. Ventum Financial reduced their target price on shares of Computer Modelling Group from C$15.00 to C$14.00 and set a "buy" rating for the company in a report on Wednesday, February 12th. Raymond James lowered 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 report on Wednesday, February 12th. Finally, BMO Capital Markets reduced their price objective on Computer Modelling Group from C$14.00 to C$13.00 in a research note 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's stock. Based on data from MarketBeat.com, Computer Modelling Group has an average rating of "Moderate Buy" and a consensus target price of C$13.13.

View Our Latest Stock Report on CMG

Computer Modelling Group Company Profile

(Get Free Report)

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.

Featured Articles

Insider Buying and Selling by Quarter for Computer Modelling Group (TSE:CMG)

Should You Invest $1,000 in Computer Modelling Group Right Now?

Before you consider Computer Modelling Group, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Computer Modelling Group wasn't on the list.

While Computer Modelling Group currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

7 Top Nuclear Stocks To Buy Now Cover

Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.

Get This Free Report
Like this article? Share it with a colleague.
Remove Ads

Featured Articles and Offers

Is There Still Money in AI? How to Invest in the Next Big Wave

Is There Still Money in AI? How to Invest in the Next Big Wave

The AI sector has taken a hit, but is the opportunity gone? Shah Gilani breaks down the current state of AI stocks and the next AI company with 10x potential.

Related Videos

5 Stocks to BUY NOW in March 2025
Marjorie Taylor Greene Bought THOUSANDS in Tesla Stock
Nuclear Energy’s Comeback: 7 Stocks to Watch in 2025

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines

Remove Ads