Anuroop Duggal Buys 4,382 Shares of Computer Modelling Group (TSE:CMG) Stock

Computer Modelling Group Ltd. (TSE:CMG) Director Anuroop Duggal purchased 4,382 shares of the stock in a transaction dated Tuesday, June 30th. The stock was purchased at an average price of C$3.47 per share, with a total value of C$15,205.54. Following the completion of the acquisition, the director directly owned 218,516 shares in the company, valued at approximately C$758,250.52. The trade was a 2.05% increase in their position.

Anuroop Duggal also recently made the following trade(s):

• On Tuesday, June 30th, Anuroop Duggal acquired 25,000 shares of Computer Modelling Group stock. The shares were purchased at an average price of C$3.57 per share, for a total transaction of C$89,250.00.

Computer Modelling Group Stock Performance

Computer Modelling Group stock opened at C$3.78 on Thursday. The company has a market cap of C$294.82 million, a PE ratio of 18.00, a P/E/G ratio of 1.97 and a beta of -0.80. The company has a fifty day moving average price of C$3.80 and a two-hundred day moving average price of C$4.23. The company has a debt-to-equity ratio of 55.24, a current ratio of 1.00 and a quick ratio of 2.25. Computer Modelling Group Ltd. has a 12 month low of C$3.40 and a 12 month high of C$8.23.

Computer Modelling Group (TSE:CMG) last posted its quarterly earnings results on Thursday, May 21st. The company reported C$0.07 earnings per share (EPS) for the quarter. Computer Modelling Group had a net margin of 13.80% and a return on equity of 20.50%. The company had revenue of C$33.67 million for the quarter. Research analysts expect that Computer Modelling Group Ltd. will post 0.3055122 earnings per share for the current year.

Computer Modelling Group Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Monday, June 15th were paid a dividend of $0.01 per share. The ex-dividend date 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 38.10%.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on CMG shares. Raymond James Financial decreased their target price on Computer Modelling Group from C$7.00 to C$6.00 and set an “outperform” rating for the company in a research note on Friday, May 22nd. National Bank Financial cut their price target on Computer Modelling Group from C$5.00 to C$4.50 and set a “sector perform” rating on the stock in a report on Wednesday, May 27th. Finally, Ventum Financial boosted their price objective on Computer Modelling Group from C$6.50 to C$6.75 and gave the company a “buy” rating in a research report on Thursday, March 26th. Two equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of C$5.75.

Computer Modelling Group Company Profile

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.