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

Computer Modelling Group Ltd. (TSE:CMG) Director Kenneth Michael Dedeluk sold 10,000 shares of the business’s stock in a transaction on Monday, January 20th. The shares were sold at an average price of C$10.50, for a total transaction of C$105,000.00.

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

• On Thursday, January 16th, Kenneth Michael Dedeluk sold 5,000 shares of Computer Modelling Group stock. The stock was sold at an average price of C$10.35, for a total transaction of C$51,750.00.
• On Monday, December 2nd, Kenneth Michael Dedeluk sold 700 shares of Computer Modelling Group stock. The stock was sold at an average price of C$11.55, for a total transaction of C$8,085.00.

Computer Modelling Group Stock Performance

TSE CMG opened at C$10.25 on Friday. Computer Modelling Group Ltd. has a 1 year low of C$8.43 and a 1 year high of C$14.73. 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 market cap of C$838.96 million, a price-to-earnings ratio of 36.61, a PEG ratio of 1.97 and a beta of 1.21. The company has a fifty day moving average price of C$10.52 and a 200-day moving average price of C$11.89.

Computer Modelling Group (TSE:CMG) last posted its earnings results on Tuesday, November 12th. The company reported C$0.07 earnings per share (EPS) for the quarter, topping the consensus estimate of C$0.06 by C$0.01. Computer Modelling Group had a net margin of 19.69% and a return on equity of 36.56%. As a group, equities research analysts predict that Computer Modelling Group Ltd. will post 0.3055122 EPS for the current fiscal year.

Computer Modelling Group Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, December 13th. Investors of record on Friday, December 13th were given a dividend of $0.05 per share. The ex-dividend date of this dividend was Thursday, December 5th. This represents a $0.20 annualized dividend and a yield of 1.95%. Computer Modelling Group’s payout ratio is currently 71.43%.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on the stock. CIBC lowered their price objective on shares of Computer Modelling Group from C$15.00 to C$14.50 in a report on Wednesday, November 13th. Canaccord Genuity Group downgraded shares of Computer Modelling Group from a “buy” rating to a “hold” rating and lowered their price objective for the stock from C$15.00 to C$12.00 in a report on Wednesday, November 13th. Finally, BMO Capital Markets lowered their price objective on shares of Computer Modelling Group from C$14.00 to C$13.00 in a report on Friday, December 13th. One analyst has rated the stock with a sell rating, one has given a hold rating, six have issued a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Computer Modelling Group has a consensus rating of “Moderate Buy” and an average 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.