Computer Modelling Group Ltd. (TSE:CMG) Senior Officer Pramod Jain Purchases 3,396 Shares

Computer Modelling Group Ltd. (TSE:CMG) Senior Officer Pramod Jain acquired 3,396 shares of the business’s stock in a transaction that occurred on Monday, June 9th. The stock was acquired at an average price of C$7.03 per share, for a total transaction of C$23,872.86.

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

• On Tuesday, June 3rd, Pramod Jain acquired 6,100 shares of Computer Modelling Group stock. The stock was acquired at an average price of C$4.99 per share, for a total transaction of C$30,455.47.
• On Thursday, May 29th, Pramod Jain bought 750 shares of Computer Modelling Group stock. The stock was purchased at an average price of C$6.74 per share, for a total transaction of C$5,051.25.
• On Tuesday, March 18th, Pramod Jain bought 4,635 shares of Computer Modelling Group stock. The stock was purchased at an average price of C$7.68 per share, for a total transaction of C$35,590.31.
• On Thursday, March 13th, Pramod Jain bought 14,425 shares of Computer Modelling Group stock. The stock was purchased at an average price of C$7.42 per share, for a total transaction of C$107,011.11.

Computer Modelling Group Trading Down 0.3%

CMG opened at C$6.92 on Friday. The firm’s fifty day moving average is C$7.49 and its two-hundred day moving average is C$8.81. The company has a debt-to-equity ratio of 47.62, a quick ratio of 2.25 and a current ratio of 1.27. The firm has a market cap of C$558.34 million, a PE ratio of 22.82, a price-to-earnings-growth ratio of 1.97 and a beta of 1.21. Computer Modelling Group Ltd. has a twelve month low of C$6.58 and a twelve month high of C$14.73.

Computer Modelling Group Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 13th. Investors of record on Friday, June 13th will be issued a dividend of $0.05 per share. The ex-dividend date of this dividend is Thursday, June 5th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 2.89%. Computer Modelling Group’s payout ratio is 65.95%.

Wall Street Analyst Weigh In

Separately, Ventum Cap Mkts lowered shares of Computer Modelling Group from a “strong-buy” rating to a “hold” rating in a report on Thursday, May 22nd. Four investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to data from MarketBeat, Computer Modelling Group currently has a consensus rating of “Hold” and an average price target of C$13.14.

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.