Computer Modelling Group Ltd. (TSE:CMG) Director Sells C$212,000.00 in Stock

Computer Modelling Group Ltd. (TSE:CMG) Director Kenneth Michael Dedeluk sold 20,000 shares of Computer Modelling Group stock in a transaction on Wednesday, April 24th. The shares were sold at an average price of C$10.60, for a total transaction of C$212,000.00.

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

• On Thursday, April 18th, Kenneth Michael Dedeluk sold 10,000 shares of Computer Modelling Group stock. The shares were sold at an average price of C$10.50, for a total transaction of C$105,000.00.
• On Tuesday, April 16th, Kenneth Michael Dedeluk sold 10,000 shares of Computer Modelling Group stock. The shares were sold at an average price of C$10.25, for a total transaction of C$102,500.00.
• On Tuesday, April 2nd, Kenneth Michael Dedeluk sold 10,000 shares of Computer Modelling Group stock. The shares were sold at an average price of C$10.40, for a total transaction of C$104,000.00.
• On Friday, March 22nd, Kenneth Michael Dedeluk sold 20,000 shares of Computer Modelling Group stock. The shares were sold at an average price of C$10.50, for a total transaction of C$210,000.00.
• On Tuesday, March 19th, Kenneth Michael Dedeluk sold 10,000 shares of Computer Modelling Group stock. The shares were sold at an average price of C$10.25, for a total transaction of C$102,500.00.
• On Friday, March 15th, Kenneth Michael Dedeluk sold 10,000 shares of Computer Modelling Group stock. The stock was sold at an average price of C$10.00, for a total transaction of C$100,000.00.
• 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 transaction of C$102,500.00.

Computer Modelling Group Stock Down 2.4 %

Shares of CMG opened at C$10.35 on Friday. Computer Modelling Group Ltd. has a 52 week low of C$6.21 and a 52 week high of C$10.76. The firm has a market cap of C$840.73 million, a P/E ratio of 35.69, a price-to-earnings-growth ratio of 1.97 and a beta of 1.15. The firm’s 50-day simple moving average is C$10.09 and its 200 day simple moving average is C$9.88. 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 (TSE:CMG) last announced its quarterly earnings results on Wednesday, February 7th. The company reported C$0.08 EPS for the quarter, meeting analysts’ consensus estimates of C$0.08. The business had revenue of C$33.01 million for the quarter, compared to analyst estimates of C$31.65 million. Computer Modelling Group had a net margin of 25.10% and a return on equity of 42.70%. On average, analysts forecast that Computer Modelling Group Ltd. will post 0.3501041 earnings per share for the current year.

Computer Modelling Group Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 15th. Shareholders of record on Friday, March 15th were issued a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a yield of 1.93%. The ex-dividend date of this dividend was Wednesday, March 6th. Computer Modelling Group’s dividend payout ratio is currently 68.97%.

Analysts Set New Price Targets

Several research analysts have recently weighed in on CMG shares. National Bankshares set a C$12.50 price objective on shares of Computer Modelling Group and gave the stock an “outperform” rating in a research note on Thursday, January 25th. Canaccord Genuity Group boosted their price objective on shares of Computer Modelling Group from C$10.50 to C$11.00 and gave the stock a “buy” rating in a research note on Friday, February 9th. Finally, Barclays boosted their price objective on shares of Computer Modelling Group from C$8.00 to C$9.00 and gave the stock an “underweight” rating in a research note on Tuesday, February 20th. One analyst has rated the stock with a sell rating, one has assigned a hold rating and five have assigned a buy rating to the company. According to MarketBeat, Computer Modelling Group has an average rating of “Moderate Buy” and a consensus price target of C$10.83.

Computer Modelling Group Company Profile

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.