Computer Modelling Group Ltd. (TSE:CMG – Get Free Report) passed above its 200-day moving average during trading on Friday. The stock has a 200-day moving average of C$3.92 and traded as high as C$4.28. Computer Modelling Group shares last traded at C$4.15, with a volume of 130,922 shares trading hands.
Computer Modelling Group Trading Down 2.8%
The company has a debt-to-equity ratio of 54.99, a current ratio of 1.06 and a quick ratio of 2.25. The company’s 50 day moving average price is C$4.03 and its two-hundred day moving average price is C$3.92. The stock has a market capitalization of C$323.68 million, a PE ratio of 21.84, a P/E/G ratio of 1.97 and a beta of -0.69.
Computer Modelling Group (TSE:CMG – Get Free Report) last released its quarterly earnings results on Wednesday, August 12th. The company reported C$0.02 EPS for the quarter. Computer Modelling Group had a net margin of 12.41% and a return on equity of 18.44%. The firm had revenue of C$27.85 million for the quarter. As a group, analysts expect that Computer Modelling Group Ltd. will post 0.31 earnings per share for the current year.
Computer Modelling Group Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 15th. Investors of record on Tuesday, September 15th were issued a $0.01 dividend. This represents a $0.04 annualized dividend and a yield of 1.0%. The ex-dividend date was Friday, September 4th. Computer Modelling Group’s payout ratio is 21.05%.
Insider Buying and Selling
In related news, Director Alexander Davern bought 25,000 shares of the stock in a transaction on Wednesday, September 30th. The stock was bought at an average price 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 in the company, valued at C$900,000. This represents a 12.50% increase in their position. 1.03% of the stock is owned by insiders.
About Computer Modelling Group
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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