Computer Modelling Group Ltd. (TSE:CMG) Senior Officer Pramod Jain Buys 4,635 Shares

Computer Modelling Group Ltd. (TSE:CMG) Senior Officer Pramod Jain purchased 4,635 shares of the company’s stock in a transaction dated Tuesday, March 18th. The shares were purchased at an average cost of C$7.68 per share, for a total transaction of C$35,590.31.

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

• On Thursday, March 13th, Pramod Jain acquired 14,425 shares of Computer Modelling Group stock. The shares were bought at an average cost of C$7.42 per share, for a total transaction of C$107,011.11.

Computer Modelling Group Stock Up 0.1 %

Shares of Computer Modelling Group stock traded up C$0.01 on Tuesday, reaching C$7.66. The company’s stock had a trading volume of 84,126 shares, compared to its average volume of 224,894. The company has a market capitalization of C$618.04 million, a price-to-earnings ratio of 25.26, a P/E/G ratio of 1.97 and a beta of 1.21. The firm’s fifty day simple moving average is C$9.29 and its two-hundred day simple moving average is C$10.63. Computer Modelling Group Ltd. has a 52 week low of C$7.04 and a 52 week high of C$14.73. The company has a quick ratio of 2.25, a current ratio of 1.27 and a debt-to-equity ratio of 47.62.

Computer Modelling Group Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Friday, March 14th were issued a $0.05 dividend. This represents a $0.20 annualized dividend and a dividend yield of 2.61%. The ex-dividend date of this dividend was Thursday, March 6th. Computer Modelling Group’s payout ratio is currently 65.95%.

Analysts Set New Price Targets

A number of equities analysts have weighed in on CMG shares. CIBC decreased their target price on Computer Modelling Group from C$14.50 to C$11.00 and set a “neutral” rating on the stock in a research note on Wednesday, February 12th. Ventum Financial decreased their target price on Computer Modelling Group from C$15.00 to C$14.00 and set a “buy” rating on the stock in a research note on Wednesday, February 12th. Raymond James decreased their target price on Computer Modelling Group from C$15.00 to C$13.00 and set an “outperform” rating on the stock in a research note on Wednesday, February 12th. Cibc World Mkts lowered Computer Modelling Group from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, February 12th. Finally, BMO Capital Markets reduced their price objective on Computer Modelling Group from C$14.00 to C$13.00 in a research report on Friday, December 13th. Three analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of C$13.13.

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.