Computer Modelling Group Ltd. (TSE:CMG) Director Kenneth Michael Dedeluk Sells 5,000 Shares

Computer Modelling Group Ltd. (TSE:CMG) Director Kenneth Michael Dedeluk sold 5,000 shares of the company’s stock in a transaction that occurred on Thursday, January 16th. The stock was sold at an average price of C$10.35, for a total value of C$51,750.00.

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

• On Monday, December 2nd, Kenneth Michael Dedeluk sold 700 shares of Computer Modelling Group stock. The shares were sold at an average price of C$11.55, for a total value of C$8,085.00.

Computer Modelling Group Stock Down 0.5 %

Shares of TSE CMG traded down C$0.05 during trading on Thursday, hitting C$10.28. The stock had a trading volume of 82,018 shares, compared to its average volume of 119,031. The company has a debt-to-equity ratio of 52.77, a current ratio of 1.81 and a quick ratio of 2.25. The firm has a fifty day moving average of C$10.70 and a two-hundred day moving average of C$11.97. Computer Modelling Group Ltd. has a 12 month low of C$8.43 and a 12 month high of C$14.73. The company has a market capitalization of C$841.42 million, a PE ratio of 36.71, a PEG ratio of 1.97 and a beta of 1.21.

Computer Modelling Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 13th. Shareholders of record on Friday, December 13th were paid a $0.05 dividend. The ex-dividend date was Thursday, December 5th. This represents a $0.20 annualized dividend and a yield of 1.95%. Computer Modelling Group’s dividend payout ratio (DPR) is 71.43%.

Analysts Set New Price Targets

Several analysts recently issued reports on the stock. BMO Capital Markets reduced their price target on shares of Computer Modelling Group from C$14.00 to C$13.00 in a research report on Friday, December 13th. Canaccord Genuity Group cut shares of Computer Modelling Group from a “buy” rating to a “hold” rating and reduced their price objective for the company from C$15.00 to C$12.00 in a report on Wednesday, November 13th. Finally, CIBC decreased their target price on shares of Computer Modelling Group from C$15.00 to C$14.50 in a research report on Wednesday, November 13th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating, six have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of C$13.39.

Computer Modelling Group Company Profile

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