Pramod Jain Buys 4,635 Shares of Computer Modelling Group Ltd. (TSE:CMG) Stock

Computer Modelling Group Ltd. (TSE:CMG) Senior Officer Pramod Jain bought 4,635 shares of the business’s stock in a transaction on Tuesday, March 18th. The stock was bought at an average cost of C$7.68 per share, with a total value of C$35,590.31.

Pramod Jain also recently made the following trade(s):

• On Thursday, March 13th, Pramod Jain acquired 14,425 shares of Computer Modelling Group stock. The stock was purchased at an average cost of C$7.42 per share, with a total value of C$107,011.11.

Computer Modelling Group Trading Down 0.1 %

CMG opened at C$7.94 on Friday. The company has a quick ratio of 2.25, a current ratio of 1.27 and a debt-to-equity ratio of 47.62. The firm has a market cap of C$640.64 million, a P/E ratio of 26.18, a P/E/G ratio of 1.97 and a beta of 1.21. Computer Modelling Group Ltd. has a 52 week low of C$7.04 and a 52 week high of C$14.73. The business has a fifty day simple moving average of C$9.13 and a 200-day simple moving average of C$10.53.

Computer Modelling Group Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 14th. Shareholders of record on Friday, March 14th were given a $0.05 dividend. This represents a $0.20 annualized dividend and a yield of 2.52%. The ex-dividend date of this dividend was Thursday, March 6th. Computer Modelling Group’s dividend payout ratio is currently 65.95%.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on the stock. Ventum Financial reduced their target price on shares of Computer Modelling Group from C$15.00 to C$14.00 and set a “buy” rating on the stock in a research note on Wednesday, February 12th. 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. Cibc World Mkts lowered Computer Modelling Group from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, February 12th. CIBC reduced their target price on Computer Modelling Group from C$14.50 to C$11.00 and set a “neutral” rating on the stock in a research report on Wednesday, February 12th. Finally, Raymond James decreased their price target on Computer Modelling Group from C$15.00 to C$13.00 and set an “outperform” rating on the stock in a research note on Wednesday, February 12th. Three analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of C$13.13.

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.