Computer Modelling Group Ltd. (TSE:CMG) Director Sells C$212,000.00 in Stock

Computer Modelling Group Ltd. (TSE:CMG) Director Kenneth Michael Dedeluk sold 20,000 shares of the business’s stock in a transaction on Wednesday, April 24th. The shares were sold at an average price of C$10.60, for a total value of C$212,000.00.

Kenneth Michael Dedeluk also recently made the following trade(s):

• On Thursday, April 18th, Kenneth Michael Dedeluk sold 10,000 shares of Computer Modelling Group stock. The stock was sold at an average price of C$10.50, for a total value of C$105,000.00.
• On Tuesday, April 16th, Kenneth Michael Dedeluk sold 10,000 shares of Computer Modelling Group stock. The stock was sold at an average price of C$10.25, for a total value of C$102,500.00.
• On Tuesday, April 2nd, Kenneth Michael Dedeluk sold 10,000 shares of Computer Modelling Group stock. The stock was sold at an average price of C$10.40, for a total value of C$104,000.00.
• On Friday, March 22nd, Kenneth Michael Dedeluk sold 20,000 shares of Computer Modelling Group stock. The stock was sold at an average price of C$10.50, for a total value of C$210,000.00.
• On Tuesday, March 19th, Kenneth Michael Dedeluk sold 10,000 shares of Computer Modelling Group stock. The shares were sold at an average price of C$10.25, for a total transaction of C$102,500.00.
• On Friday, March 15th, Kenneth Michael Dedeluk sold 10,000 shares of Computer Modelling Group stock. The shares were sold at an average price of C$10.00, for a total transaction of C$100,000.00.
• On Wednesday, January 31st, Kenneth Michael Dedeluk sold 10,000 shares of Computer Modelling Group stock. The shares were sold at an average price of C$10.25, for a total transaction of C$102,500.00.

Computer Modelling Group Stock Performance

CMG stock traded up C$0.18 during trading on Wednesday, reaching C$10.60. 174,683 shares of the company’s stock were exchanged, compared to its average volume of 83,733. The firm has a market cap of C$861.04 million, a PE ratio of 36.55, a P/E/G ratio of 1.97 and a beta of 1.15. The company has a quick ratio of 2.25, a current ratio of 1.76 and a debt-to-equity ratio of 59.81. Computer Modelling Group Ltd. has a 1-year low of C$6.21 and a 1-year high of C$10.76. The company’s fifty day moving average price is C$10.07 and its 200-day moving average price is C$9.88.

Computer Modelling Group (TSE:CMG) last released its earnings results on Wednesday, February 7th. The company reported C$0.08 EPS for the quarter, meeting the consensus estimate of C$0.08. The firm had revenue of C$33.01 million for the quarter, compared to analysts’ expectations of C$31.65 million. Computer Modelling Group had a net margin of 25.10% and a return on equity of 42.70%. On average, research analysts expect that Computer Modelling Group Ltd. will post 0.3501041 EPS for the current fiscal year.

Computer Modelling Group Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 15th. Investors of record on Friday, March 15th were paid a $0.05 dividend. The ex-dividend date of this dividend was Wednesday, March 6th. This represents a $0.20 dividend on an annualized basis and a yield of 1.89%. Computer Modelling Group’s dividend payout ratio is currently 68.97%.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on CMG. Canaccord Genuity Group lifted their price target on shares of Computer Modelling Group from C$10.50 to C$11.00 and gave the stock a “buy” rating in a research note on Friday, February 9th. Barclays boosted their price target on Computer Modelling Group from C$8.00 to C$9.00 and gave the company an “underweight” rating in a report on Tuesday, February 20th. Finally, National Bankshares set a C$12.50 target price on shares of Computer Modelling Group and gave the stock an “outperform” rating in a report on Thursday, January 25th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and five have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Computer Modelling Group currently has an average rating of “Moderate Buy” and a consensus price target of C$10.83.

Computer Modelling Group Company Profile

Computer Modelling Group Ltd., a computer software technology company, engages in the development and licensing of reservoir simulation software and related services in Canada and internationally. The company offers CMOST-AI, an intelligent optimization and analysis tool that offers solution for reservoir by combining advanced statistical analysis, machine learning, and non-biased data interpretation; IMEX, a black oil simulator that is used to model primary and secondary oil recovery processes in conventional and unconventional reservoirs; and GEM, an equation-of-state reservoir simulator for compositional, chemical, and unconventional reservoir modelling.