Insider Buying: Computer Modelling Group (TSE:CMG) Director Purchases 25,000 Shares of Company Stock

Computer Modelling Group Ltd. (TSE:CMG) Director Alexander Davern acquired 25,000 shares of the firm’s stock in a transaction that occurred on Wednesday, September 30th. The stock was acquired at an average price of C$4.00 per share, for a total transaction of C$100,000.00. Following the completion of the acquisition, the director directly owned 225,000 shares of the company’s stock, valued at C$900,000. The trade was a 12.50% increase in their position.

Computer Modelling Group Trading Up 1.7%

Computer Modelling Group stock traded up C$0.07 during mid-day trading on Wednesday, hitting C$4.11. The company’s stock had a trading volume of 253,302 shares, compared to its average volume of 179,712. The stock’s fifty day moving average is C$3.89 and its two-hundred day moving average is C$3.88. The company has a current ratio of 1.06, a quick ratio of 2.25 and a debt-to-equity ratio of 54.99. The firm has a market capitalization of C$320.56 million, a PE ratio of 21.63, a price-to-earnings-growth ratio of 1.97 and a beta of -0.61. Computer Modelling Group Ltd. has a 1 year low of C$3.40 and a 1 year high of C$6.38.

Computer Modelling Group (TSE:CMG) last posted its earnings results on Wednesday, August 12th. The company reported C$0.02 EPS for the quarter. Computer Modelling Group had a return on equity of 18.44% and a net margin of 12.41%.The company had revenue of C$27.85 million for the quarter. On average, analysts anticipate that Computer Modelling Group Ltd. will post 0.3055122 EPS for the current year.

Computer Modelling Group Announces Dividend

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%.

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.