Computer Modelling Group (OTCMKTS:CMDXF) Trading 4.9% Higher – Here’s Why

Computer Modelling Group Ltd. (OTCMKTS:CMDXF) shares traded up 4.9% during trading on Tuesday . The stock traded as high as $4.93 and last traded at $4.72. 107,619 shares traded hands during trading, an increase of 252% from the average session volume of 30,576 shares. The stock had previously closed at $4.50.

Analyst Upgrades and Downgrades

Separately, BMO Capital Markets reissued a “market perform” rating on shares of Computer Modelling Group in a report on Thursday, August 7th. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat.com, Computer Modelling Group currently has a consensus rating of “Hold”.

Computer Modelling Group Stock Up 4.9%

The stock has a fifty day moving average of $4.99 and a 200 day moving average of $5.24.

About Computer Modelling Group

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.