Kenneth Michael Dedeluk Sells 10,000 Shares of Computer Modelling Group Ltd. (TSE:CMG) Stock

Computer Modelling Group Ltd. (TSE:CMGGet Free Report) Director Kenneth Michael Dedeluk sold 10,000 shares of the firm’s stock in a transaction on Friday, March 15th. The stock was sold at an average price of C$10.00, for a total value of C$100,000.00.

Kenneth Michael Dedeluk also recently made the following trade(s):

  • On Wednesday, January 31st, Kenneth Michael Dedeluk sold 10,000 shares of Computer Modelling Group stock. The stock was sold at an average price of C$10.25, for a total value of C$102,500.00.

Computer Modelling Group Trading Up 0.3 %

Shares of CMG stock opened at C$10.03 on Monday. The company has a debt-to-equity ratio of 59.81, a quick ratio of 2.25 and a current ratio of 1.76. Computer Modelling Group Ltd. has a 52-week low of C$6.21 and a 52-week high of C$10.76. The company has a market capitalization of C$814.74 million, a PE ratio of 34.59, a price-to-earnings-growth ratio of 1.97 and a beta of 1.15. The business’s fifty day moving average is C$9.83 and its 200 day moving average is C$9.59.

Computer Modelling Group (TSE:CMGGet Free Report) last released its quarterly earnings results on Wednesday, February 7th. The company reported C$0.08 earnings per share for the quarter, meeting analysts’ consensus estimates of C$0.08. Computer Modelling Group had a return on equity of 42.70% and a net margin of 25.10%. The business had revenue of C$33.01 million for the quarter, compared to the consensus estimate of C$31.65 million. On average, equities research analysts anticipate that Computer Modelling Group Ltd. will post 0.3500873 EPS for the current fiscal year.

Computer Modelling Group Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 15th. Investors of record on Friday, March 15th were paid a $0.05 dividend. The ex-dividend date of this dividend was Wednesday, March 6th. This represents a $0.20 annualized dividend and a dividend yield of 1.99%. Computer Modelling Group’s payout ratio is presently 68.97%.

Wall Street Analysts Forecast Growth

CMG has been the subject of a number of analyst reports. National Bankshares set a C$12.50 price target on Computer Modelling Group and gave the stock an “outperform” rating in a report on Thursday, January 25th. Barclays raised their price target on Computer Modelling Group from C$8.00 to C$9.00 and gave the stock an “underweight” rating in a report on Tuesday, February 20th. Finally, Canaccord Genuity Group increased their price objective on Computer Modelling Group from C$10.50 to C$11.00 and gave the stock a “buy” rating in a research report on Friday, February 9th. One research analyst has rated the stock with a sell rating, one has issued a hold rating and five have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of C$10.83.

View Our Latest Report on CMG

Computer Modelling Group Company Profile

(Get Free Report)

Computer Modelling Group Ltd., a computer software technology company, engages in the development and licensing of reservoir simulation software and related services in Canada and internationally. The company offers CMOST-AI, an intelligent optimization and analysis tool that offers solution for reservoir by combining advanced statistical analysis, machine learning, and non-biased data interpretation; IMEX, a black oil simulator that is used to model primary and secondary oil recovery processes in conventional and unconventional reservoirs; and GEM, an equation-of-state reservoir simulator for compositional, chemical, and unconventional reservoir modelling.

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