Anuroop Duggal Buys 4,382 Shares of Computer Modelling Group (TSE:CMG) Stock

Computer Modelling Group Ltd. (TSE:CMG) Director Anuroop Duggal bought 4,382 shares of the company’s stock in a transaction that occurred on Tuesday, June 30th. The shares were bought at an average price of C$3.47 per share, for a total transaction of C$15,205.54. Following the completion of the acquisition, the director owned 218,516 shares in the company, valued at approximately C$758,250.52. This trade represents a 2.05% increase in their position.

Anuroop Duggal also recently made the following trade(s):

• On Tuesday, June 30th, Anuroop Duggal acquired 25,000 shares of Computer Modelling Group stock. The stock was purchased at an average cost of C$3.57 per share, with a total value of C$89,250.00.

Computer Modelling Group Price Performance

Shares of CMG remained flat at C$3.70 during mid-day trading on Tuesday. 103,391 shares of the stock were exchanged, compared to its average volume of 196,550. The firm has a 50-day moving average of C$3.80 and a two-hundred day 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. The company has a current ratio of 1.00, a quick ratio of 2.25 and a debt-to-equity ratio of 55.24. The stock has a market cap of C$288.58 million, a price-to-earnings ratio of 17.62, a price-to-earnings-growth ratio of 1.97 and a beta of -0.80.

Computer Modelling Group (TSE:CMG) last announced its earnings results on Thursday, May 21st. The company reported C$0.07 earnings per share (EPS) 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 for the quarter. On average, equities research analysts expect that Computer Modelling Group Ltd. will post 0.3055122 earnings per share for the current fiscal year.

Computer Modelling Group Announces Dividend

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

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on CMG shares. National Bank Financial lowered their price objective on Computer Modelling Group from C$5.00 to C$4.50 and set a “sector perform” rating for the company in a report on Wednesday, May 27th. Ventum Financial increased their target price 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 decreased their target price on 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. According to data from MarketBeat.com, Computer Modelling Group currently has a consensus rating of “Moderate Buy” and a consensus price target 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.