Computer Modelling Group (TSE:CMG) Insider Kristina Mysev Purchases 3,308 Shares of Stock

Computer Modelling Group Ltd. (TSE:CMG) insider Kristina Mysev purchased 3,308 shares of the business’s stock in a transaction that occurred on Tuesday, June 30th. The stock was acquired at an average price of C$3.47 per share, for a total transaction of C$11,478.76. Following the acquisition, the insider directly owned 24,032 shares of the company’s stock, valued at C$83,391.04. This trade represents a 15.96% increase in their position.

Computer Modelling Group Price Performance

CMG opened at C$3.70 on Wednesday. Computer Modelling Group Ltd. has a 52-week low of C$3.40 and a 52-week high of C$8.23. The company has a 50 day moving average of C$3.80 and a two-hundred day moving average of C$4.24. The company has a market cap of C$288.58 million, a P/E ratio of 17.62, a P/E/G ratio of 1.97 and a beta of -0.80. The company has a quick ratio of 2.25, a current ratio of 1.00 and a debt-to-equity ratio of 55.24.

Computer Modelling Group (TSE:CMG) last issued its earnings results on Thursday, May 21st. The company reported C$0.07 EPS for the quarter. The business had revenue of C$33.67 million for the quarter. Computer Modelling Group had a net margin of 13.80% and a return on equity of 20.50%. On average, analysts expect that Computer Modelling Group Ltd. will post 0.3055122 earnings per share for the current year.

Computer Modelling Group Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Monday, June 15th were paid a dividend of $0.01 per share. This represents a $0.04 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date was Friday, June 5th. Computer Modelling Group’s payout ratio is currently 38.10%.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the company. National Bank Financial lowered their target price on Computer Modelling Group from C$5.00 to C$4.50 and set a “sector perform” rating for the company in a research note on Wednesday, May 27th. Ventum Financial upped their price target on Computer Modelling Group from C$6.50 to C$6.75 and gave the stock a “buy” rating in a report on Thursday, March 26th. Finally, Raymond James Financial lowered their price objective on shares of Computer Modelling Group from C$7.00 to C$6.00 and set an “outperform” rating for the company in a research report on Friday, May 22nd. Two analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of C$5.75.

Computer Modelling Group Company Profile

Computer Modelling Group Ltd is a Canada-based provider of reservoir simulation software for the oil and gas industry. Its capabilities include integrated analysis and optimization, black oil and unconventional simulation, reservoir and production system modelling, post-processor visualization, compositional simulation, thermal processes simulation, and fluid property characterization. The firm has operations in over 60 countries in the Americas, Europe, Middle East, Africa, and Asia-Pacific regions.