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 stock in a transaction on Monday, April 29th. The stock was sold at an average price of C$10.75, for a total value of C$107,500.00.

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

• On Wednesday, April 24th, Kenneth Michael Dedeluk sold 20,000 shares of Computer Modelling Group stock. The shares were sold at an average price of C$10.60, for a total value of C$212,000.00.
• 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 value 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 value 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 value 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 value 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 value of C$102,500.00.
• On Friday, March 15th, Kenneth Michael Dedeluk sold 10,000 shares of Computer Modelling Group stock. The shares were 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 shares were sold at an average price of C$10.25, for a total transaction of C$102,500.00.

Computer Modelling Group Stock Down 0.5 %

Shares of TSE CMG opened at C$10.93 on Thursday. The company has a debt-to-equity ratio of 59.81, a current ratio of 1.76 and a quick ratio of 2.25. The company has a market cap of C$887.84 million, a P/E ratio of 37.69, a PEG ratio of 1.97 and a beta of 1.15. Computer Modelling Group Ltd. has a 1 year low of C$6.21 and a 1 year high of C$11.33. The firm has a 50-day simple moving average of C$10.22 and a two-hundred day simple moving average of C$9.92.

Computer Modelling Group (TSE:CMG) last announced its quarterly earnings data on Wednesday, February 7th. The company reported C$0.08 earnings per share (EPS) for the quarter, hitting the consensus estimate of C$0.08. The business had revenue of C$33.01 million during the quarter, compared to the consensus estimate of C$31.65 million. Computer Modelling Group had a net margin of 25.10% and a return on equity of 42.70%. Research analysts anticipate that Computer Modelling Group Ltd. will post 0.3501041 earnings per share for the current year.

Computer Modelling Group Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 15th. Shareholders of record on Friday, March 15th were paid a $0.05 dividend. This represents a $0.20 annualized dividend and a yield of 1.83%. The ex-dividend date was Wednesday, March 6th. Computer Modelling Group’s payout ratio is currently 68.97%.

Analyst Ratings Changes

A number of research analysts recently commented on CMG shares. Canaccord Genuity Group increased their price target on shares of Computer Modelling Group from C$10.50 to C$11.00 and gave the company a “buy” rating in a report on Friday, February 9th. Barclays increased their price target on shares of Computer Modelling Group from C$8.00 to C$9.00 and gave the company an “underweight” rating in a report on Tuesday, February 20th. Finally, National Bankshares set a C$12.50 price target on shares of Computer Modelling Group and gave the company an “outperform” rating in a report on Thursday, January 25th. One equities research 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.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of C$10.83.

About Computer Modelling Group

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.