Computer Modelling Group (TSE:CMG) Director Buys C$100,000.00 in Stock

Computer Modelling Group Ltd. (TSE:CMG – Get Free Report) Director Alexander Davern acquired 25,000 shares of the company’s stock in a transaction dated Wednesday, September 30th. The stock was purchased at an average cost of C$4.00 per share, with a total value of C$100,000.00. Following the completion of the purchase, the director directly owned 225,000 shares of the company’s stock, valued at approximately C$900,000. This represents a 12.50% increase in their position.

Computer Modelling Group Price Performance

CMG opened at C$4.22 on Friday. The stock’s 50-day moving average price is C$3.91 and its 200 day moving average price is C$3.89. Computer Modelling Group Ltd. has a 12-month low of C$3.40 and a 12-month high of C$6.38. The company has a current ratio of 1.06, a quick ratio of 2.25 and a debt-to-equity ratio of 54.99. The firm has a market cap of C$329.13 million, a price-to-earnings ratio of 22.21, a PEG ratio of 1.97 and a beta of -0.61.

Computer Modelling Group (TSE:CMG – Get Free Report) last announced its earnings results on Wednesday, August 12th. The company reported C$0.02 EPS for the quarter. The company had revenue of C$27.85 million during the quarter. Computer Modelling Group had a return on equity of 18.44% and a net margin of 12.41%. As a group, sell-side analysts expect that Computer Modelling Group Ltd. will post 0.3055122 earnings per share for the current year.

Computer Modelling Group Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 15th. Stockholders of record on Tuesday, September 15th were paid a $0.01 dividend. The ex-dividend date of this dividend was Friday, September 4th. This represents a $0.04 annualized dividend and a dividend yield of 0.9%. Computer Modelling Group’s dividend payout ratio (DPR) is presently 21.05%.

About Computer Modelling Group

(Get Free Report)

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.

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