Shares of Computer Modelling Group Ltd. (TSE:CMG – Get Free Report) have received a consensus rating of “Hold” from the six brokerages that are currently covering the firm, MarketBeat Ratings reports. One research analyst has rated the stock with a sell recommendation, two have issued a hold recommendation and three have issued a buy recommendation on the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is C$9.75.
A number of equities research analysts have weighed in on the stock. Canaccord Genuity Group boosted their target price on shares of Computer Modelling Group from C$10.00 to C$10.50 and gave the company a “hold” rating in a research note on Tuesday, November 14th. Barclays reduced their price objective on Computer Modelling Group from C$9.00 to C$8.00 and set an “underweight” rating for the company in a research report on Monday. Acumen Capital raised their target price on Computer Modelling Group from C$11.00 to C$11.50 and gave the stock a “buy” rating in a research report on Tuesday, September 26th. Echelon Wealth Partners reaffirmed a “buy” rating on shares of Computer Modelling Group in a research report on Tuesday, November 14th. Finally, Industrial Alliance Securities set a C$9.50 price objective on shares of Computer Modelling Group and gave the stock a “buy” rating in a research note on Thursday, August 31st.
Check Out Our Latest Stock Analysis on CMG
Insider Buying and Selling at Computer Modelling Group
In related news, Senior Officer Robert David Hicks sold 10,000 shares of the firm’s stock in a transaction on Thursday, November 16th. The shares were sold at an average price of C$10.20, for a total transaction of C$102,000.00. In other Computer Modelling Group news, Senior Officer Long X. Nghiem sold 16,200 shares of Computer Modelling Group stock in a transaction that occurred on Tuesday, November 21st. The stock was sold at an average price of C$10.06, for a total value of C$162,972.00. Also, Senior Officer Robert David Hicks sold 10,000 shares of the stock in a transaction that occurred on Thursday, November 16th. The shares were sold at an average price of C$10.20, for a total value of C$102,000.00. Insiders own 1.64% of the company’s stock.
Computer Modelling Group Stock Up 0.2 %
Shares of Computer Modelling Group stock opened at C$10.00 on Monday. Computer Modelling Group has a twelve month low of C$5.24 and a twelve month high of C$10.76. The company has a quick ratio of 2.25, a current ratio of 1.51 and a debt-to-equity ratio of 64.85. The company’s 50 day moving average is C$9.24 and its 200 day moving average is C$7.99. The company has a market cap of C$808.10 million, a price-to-earnings ratio of 33.33, a price-to-earnings-growth ratio of 1.97 and a beta of 1.18.
Computer Modelling Group Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Friday, December 15th. Investors of record on Thursday, December 7th will be paid a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a yield of 2.00%. The ex-dividend date of this dividend is Wednesday, December 6th. Computer Modelling Group’s dividend payout ratio (DPR) is presently 66.67%.
Computer Modelling Group Company Profile
Computer Modelling Group Ltd., a computer software technology company, engages in the development and licensing of reservoir simulation software and related services in Canada and internationally. The company offers CMOST-AI, an intelligent optimization and analysis tool that offers solution for reservoir by combining advanced statistical analysis, machine learning, and non-biased data interpretation; IMEX, a black oil simulator that is used to model primary and secondary 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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