Computer Modelling Group Ltd. (TSE:CMG – Get Free Report) Director Anuroop Duggal acquired 25,000 shares of the stock in a transaction on Tuesday, June 30th. The shares were purchased at an average cost of C$3.57 per share, with a total value of C$89,250.00. Following the transaction, the director directly owned 214,134 shares of the company’s stock, valued at approximately C$764,458.38. This trade represents a 13.22% increase in their position.
Computer Modelling Group Stock Up 2.6%
Shares of TSE:CMG traded up C$0.09 during midday trading on Tuesday, reaching C$3.58. The company’s stock had a trading volume of 154,679 shares, compared to its average volume of 199,125. The firm has a 50 day moving average of C$3.84 and a 200-day moving average of C$4.29. The firm has a market capitalization of C$279.22 million, a P/E ratio of 17.05, a PEG ratio of 1.97 and a beta of -0.82. The company has a quick ratio of 2.25, a current ratio of 1.00 and a debt-to-equity ratio of 55.24. 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 – Get Free Report) last issued 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 during the quarter. On average, research analysts anticipate that Computer Modelling Group Ltd. will post 0.3055122 earnings per share for the current year.
Computer Modelling Group Announces Dividend
Analyst Upgrades and Downgrades
A number of research analysts recently weighed in on the company. Raymond James Financial reduced their price objective on Computer Modelling Group from C$7.00 to C$6.00 and set an “outperform” rating for the company in a research report on Friday, May 22nd. National Bank Financial dropped their target price 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 increased their target price on Computer Modelling Group from C$6.50 to C$6.75 and gave the stock a “buy” rating in a research note on Thursday, March 26th. Two analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, Computer Modelling Group presently has a consensus rating of “Moderate Buy” and an average price target of C$5.75.
Get Our Latest Research Report on CMG
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.
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