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

Computer Modelling Group Ltd. (TSE:CMG) insider Kristina Mysev bought 3,308 shares of the business’s stock in a transaction dated Tuesday, June 30th. The stock was bought at an average cost of C$3.47 per share, for a total transaction of C$11,478.76. Following the completion of the purchase, the insider owned 24,032 shares of the company’s stock, valued at approximately C$83,391.04. The trade was a 15.96% increase in their position.

Computer Modelling Group Stock Performance

Shares of CMG remained flat at C$3.70 on Tuesday. 103,391 shares of the company traded hands, compared to its average volume of 196,550. The stock has a market cap of C$288.58 million, a P/E ratio of 17.62, a PEG ratio of 1.97 and a beta of -0.80. The company has a debt-to-equity ratio of 55.24, a current ratio of 1.00 and a quick ratio of 2.25. The firm has a 50 day simple moving average of C$3.80 and a 200 day simple moving average of C$4.24. Computer Modelling Group Ltd. has a 12 month low of C$3.40 and a 12 month high of C$8.23.

Computer Modelling Group (TSE:CMG) last issued its earnings results on Thursday, May 21st. The company reported C$0.07 earnings per share for the quarter. Computer Modelling Group had a return on equity of 20.50% and a net margin of 13.80%.The business had revenue of C$33.67 million during the quarter. On average, equities 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. Investors of record on Monday, June 15th were paid a dividend of $0.01 per share. The ex-dividend date was Friday, June 5th. This represents a $0.04 dividend on an annualized basis and a dividend yield of 1.1%. Computer Modelling Group’s payout ratio is 38.10%.

Analyst Ratings Changes

A number of equities research analysts have commented on CMG shares. Raymond James Financial decreased their price target on Computer Modelling Group from C$7.00 to C$6.00 and set an “outperform” rating on the stock in a report on Friday, May 22nd. Ventum Financial lifted their target price on Computer Modelling Group from C$6.50 to C$6.75 and gave the company a “buy” rating in a research note on Thursday, March 26th. Finally, National Bank Financial dropped their price target 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. Two analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of C$5.75.

About Computer Modelling Group

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.