Computer Modelling Group Ltd. (TSE:CMG) Senior Officer Pramod Jain Buys 4,635 Shares

Computer Modelling Group Ltd. (TSE:CMG) Senior Officer Pramod Jain bought 4,635 shares of the stock in a transaction on Tuesday, March 18th. The shares were acquired at an average cost of C$7.68 per share, for a total transaction of C$35,590.31.

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

• On Thursday, March 13th, Pramod Jain purchased 14,425 shares of Computer Modelling Group stock. The shares were purchased at an average cost of C$7.42 per share, for a total transaction of C$107,011.11.

Computer Modelling Group Stock Up 0.1 %

Shares of TSE:CMG opened at C$7.66 on Wednesday. Computer Modelling Group Ltd. has a 1 year low of C$7.04 and a 1 year high of C$14.73. The firm has a market capitalization of C$618.04 million, a PE ratio of 25.26, a price-to-earnings-growth ratio of 1.97 and a beta of 1.21. The company has a debt-to-equity ratio of 47.62, a current ratio of 1.27 and a quick ratio of 2.25. The firm’s 50-day moving average is C$9.23 and its two-hundred day moving average is C$10.60.

Computer Modelling Group Announces Dividend

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

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on CMG. Cibc World Mkts cut shares of Computer Modelling Group from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, February 12th. Ventum Financial reduced their price objective on shares of Computer Modelling Group from C$15.00 to C$14.00 and set a “buy” rating on the stock in a report on Wednesday, February 12th. BMO Capital Markets reduced their price objective on shares of Computer Modelling Group from C$14.00 to C$13.00 in a report on Friday, December 13th. Raymond James reduced their price objective 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, CIBC reduced their price objective on shares of 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. Three equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target 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.