Computer Modelling Group (TSE:CMG) Director Acquires C$15,205.54 in Stock

Computer Modelling Group Ltd. (TSE:CMG) Director Anuroop Duggal purchased 4,382 shares of Computer Modelling Group stock in a transaction dated Tuesday, June 30th. The shares were purchased at an average cost of C$3.47 per share, with a total value of C$15,205.54. Following the acquisition, the director owned 218,516 shares of the company’s stock, valued at approximately C$758,250.52. This trade represents a 2.05% increase in their position.

Anuroop Duggal also recently made the following trade(s):

• On Tuesday, June 30th, Anuroop Duggal acquired 25,000 shares of Computer Modelling Group stock. The stock was purchased at an average price of C$3.57 per share, for a total transaction of C$89,250.00.

Computer Modelling Group Price Performance

TSE CMG remained flat at C$3.70 on Tuesday. 103,391 shares of the company’s stock traded hands, compared to its average volume of 196,550. The firm’s 50 day simple moving average is C$3.80 and its 200-day simple moving average is C$4.24. Computer Modelling Group Ltd. has a 1 year low of C$3.40 and a 1 year high of C$8.23. The stock has a market cap of C$288.58 million, a PE ratio of 17.62, a price-to-earnings-growth 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 (TSE:CMG) last issued its quarterly earnings data on Thursday, May 21st. The company reported C$0.07 earnings per share (EPS) for the quarter. The business had revenue of C$33.67 million during the quarter. Computer Modelling Group had a return on equity of 20.50% and a net margin of 13.80%. On average, sell-side analysts anticipate that Computer Modelling Group Ltd. will post 0.3055122 earnings per share for the current year.

Computer Modelling Group Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Monday, June 15th were given a dividend of $0.01 per share. The ex-dividend date was Friday, June 5th. This represents a $0.04 annualized dividend and a dividend yield of 1.1%. Computer Modelling Group’s dividend payout ratio (DPR) is 38.10%.

Analyst Upgrades and Downgrades

CMG has been the topic of several recent research reports. National Bank Financial lowered their price objective on shares of Computer Modelling Group from C$5.00 to C$4.50 and set a “sector perform” rating on the stock in a research note on Wednesday, May 27th. Raymond James Financial decreased their price target on shares of Computer Modelling Group from C$7.00 to C$6.00 and set an “outperform” rating on the stock in a research report on Friday, May 22nd. Finally, Ventum Financial increased their price objective on Computer Modelling Group from C$6.50 to C$6.75 and gave the company a “buy” rating in a research report on Thursday, March 26th. Two equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of C$5.75.

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.