Computer Modelling Group Ltd. (TSE:CMG – Get Free Report) Senior Officer Long X. Nghiem sold 5,000 shares of the firm’s stock in a transaction on Monday, June 24th. The stock was sold at an average price of C$12.70, for a total transaction of C$63,500.00.
Computer Modelling Group Stock Down 1.9 %
Shares of TSE CMG opened at C$12.62 on Thursday. The company has a quick ratio of 2.25, a current ratio of 1.76 and a debt-to-equity ratio of 59.81. Computer Modelling Group Ltd. has a 52 week low of C$6.21 and a 52 week high of C$13.75. The firm has a 50-day moving average price of C$11.81 and a 200 day moving average price of C$10.56. The stock has a market capitalization of C$1.03 billion, a price-to-earnings ratio of 43.52, a price-to-earnings-growth ratio of 1.97 and a beta of 1.14.
Computer Modelling Group (TSE:CMG – Get Free Report) last announced its quarterly earnings data on Wednesday, May 22nd. The company reported C$0.09 EPS for the quarter, beating the consensus estimate of C$0.07 by C$0.02. Computer Modelling Group had a net margin of 25.10% and a return on equity of 42.70%. The firm had revenue of C$32.29 million during the quarter, compared to analysts’ expectations of C$31.30 million. Equities research analysts anticipate that Computer Modelling Group Ltd. will post 0.3502392 EPS for the current fiscal year.
Computer Modelling Group Dividend Announcement
Analyst Upgrades and Downgrades
CMG has been the topic of several research reports. Acumen Capital raised their price objective on shares of Computer Modelling Group from C$12.00 to C$13.00 and gave the stock a “buy” rating in a research report on Friday, May 24th. CIBC set a C$13.50 price objective on shares of Computer Modelling Group and gave the stock an “outperform” rating in a research report on Friday, May 24th. Canaccord Genuity Group raised their price objective on shares of Computer Modelling Group from C$11.00 to C$12.00 and gave the stock a “buy” rating in a research report on Friday, May 24th. Echelon Wealth Partners raised their price objective on shares of Computer Modelling Group from C$11.50 to C$13.00 and gave the stock a “buy” rating in a research report on Friday, May 24th. Finally, Raymond James set a C$15.00 target price on shares of Computer Modelling Group and gave the stock an “outperform” rating in a research note on Monday, June 17th. One research analyst has rated the stock with a sell rating, one has issued a hold rating, seven have given a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of C$12.28.
Read Our Latest Research Report on CMG
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.
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