Computer Modelling Group Ltd. (OTCMKTS:CMDXF – Get Free Report)’s share price crossed below its 200-day moving average during trading on Tuesday. The stock has a 200-day moving average of $2.92 and traded as low as $2.85. Computer Modelling Group shares last traded at $2.85, with a volume of 16,951 shares changing hands.
Computer Modelling Group Stock Down 5.0%
The firm’s 50-day moving average is $2.87 and its two-hundred day moving average is $2.92.
About Computer Modelling Group
Computer Modelling Group Ltd. (OTCMKTS:CMDXF) is a Canadian technology company that develops reservoir simulation software and provides related services to the energy industry. Its tools help oil and gas companies model subsurface reservoirs, evaluate development strategies, and improve the recovery and management of hydrocarbon resources.
The company’s software portfolio supports conventional and unconventional reservoir studies, enhanced oil recovery, thermal operations, compositional modeling, and other complex subsurface applications.
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