Computer Modelling Group Ltd. (TSE:CMG – Get Free Report) Director Pramod Jain purchased 12,054 shares of Computer Modelling Group stock in a transaction on Tuesday, June 30th. The stock was bought at an average price of C$3.47 per share, with a total value of C$41,827.38. Following the transaction, the director owned 192,897 shares of the company’s stock, valued at approximately C$669,352.59. This represents a 6.67% increase in their ownership of the stock.
Computer Modelling Group Price Performance
Shares of CMG stock remained flat at C$3.70 during trading hours on Tuesday. The stock had a trading volume of 103,391 shares, compared to its average volume of 196,550. The stock’s 50-day moving average price is C$3.80 and its 200-day moving average price is C$4.24. The stock has a market cap of C$288.58 million, a P/E ratio of 17.62, a P/E/G ratio of 1.97 and a beta of -0.80. The company has a debt-to-equity ratio of 55.24, a quick ratio of 2.25 and a current ratio of 1.00. 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 released its earnings results on Thursday, May 21st. The company reported C$0.07 EPS for the quarter. The company had revenue of C$33.67 million for the quarter. Computer Modelling Group had a net margin of 13.80% and a return on equity of 20.50%. Sell-side analysts predict that Computer Modelling Group Ltd. will post 0.3055122 EPS for the current year.
Computer Modelling Group Dividend Announcement
Analyst Upgrades and Downgrades
Several research analysts have commented on CMG shares. Ventum Financial increased their price objective on shares of Computer Modelling Group from C$6.50 to C$6.75 and gave the company a “buy” rating in a report on Thursday, March 26th. Raymond James Financial cut their price target on Computer Modelling Group from C$7.00 to C$6.00 and set an “outperform” rating for the company in a report on Friday, May 22nd. Finally, National Bank Financial decreased their price objective 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. Two research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of C$5.75.
View Our Latest Research Report on Computer Modelling Group
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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