Computer Modelling Group (TSE:CMG) Stock Price Breaks Above Fifty Day Moving Average – Time to Sell?

Computer Modelling Group Ltd. (TSE:CMG – Get Free Report) passed above its 50-day moving average during trading on Wednesday. The stock has a 50-day moving average of C$4.04 and traded as high as C$4.15. Computer Modelling Group shares last traded at C$4.15, with a volume of 83,214 shares changing hands.

Computer Modelling Group Trading Up 3.5%

The stock has a market capitalization of C$305.44 million, a price-to-earnings ratio of 21.84, a PEG ratio of 1.97 and a beta of -0.59. 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 business’s 50-day simple moving average is C$4.04 and its two-hundred day simple moving average is C$3.99.

Computer Modelling Group (TSE:CMG – Get Free Report) last released its quarterly earnings data on Wednesday, August 12th. The company reported C$0.02 earnings per share (EPS) for the quarter. The company had revenue of C$27.85 million during the quarter. Computer Modelling Group had a net margin of 12.41% and a return on equity of 18.44%. On average, research analysts anticipate that Computer Modelling Group Ltd. will post 0.31 earnings per share for the current fiscal year.

Computer Modelling Group Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 15th. Shareholders of record on Tuesday, September 15th were given a $0.01 dividend. The ex-dividend date of this dividend was Friday, September 4th. This represents a $0.04 annualized dividend and a yield of 1.0%. Computer Modelling Group’s dividend payout ratio (DPR) is 21.05%.

Insider Activity at Computer Modelling Group

In related news, Director Alexander Davern purchased 25,000 shares of Computer Modelling Group stock in a transaction that occurred on Wednesday, September 30th. The shares were purchased at an average cost of C$4.00 per share, with a total value of C$100,000.00. Following the transaction, the director owned 225,000 shares of the company’s stock, valued at approximately C$900,000. The trade was a 12.50% increase in their position. 1.03% of the stock is currently owned by corporate insiders.

Computer Modelling Group Company Profile

(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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