Echelon Wealth Partners reiterated their buy rating on shares of Computer Modelling Group (TSE:CMG – Get Rating) in a report published on Thursday morning, TipRanks reports. They currently have a C$6.00 target price on the stock.
CMG opened at C$4.99 on Thursday. The company has a debt-to-equity ratio of 87.82, a current ratio of 2.26 and a quick ratio of 2.19. The company has a market cap of C$400.87 million and a price-to-earnings ratio of 22.68. The firm has a 50 day simple moving average of C$5.13 and a 200 day simple moving average of C$4.87. Computer Modelling Group has a fifty-two week low of C$3.83 and a fifty-two week high of C$5.72.
The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 15th. Stockholders of record on Tuesday, March 15th were given a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a dividend yield of 4.01%. The ex-dividend date was Friday, March 4th. Computer Modelling Group’s dividend payout ratio is 90.91%.
Computer Modelling Group Ltd., a computer software technology company, develops and licenses reservoir simulation software in Canada and internationally. The company offers CMOST-AI, an intelligent optimization and analysis tool that offers solution for reservoir by combining 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 oil and gas reservoirs; GEM, an equation-of-state reservoir simulator for compositional, chemical, and unconventional reservoir modelling; STARS, a thermal and processes reservoir simulator for the modelling of steam, solvents, air, and chemical recovery processes; and CoFlow, a reservoir and production system modelling software that allows reservoir and production engineers to make informed decisions on large integrated oil and gas projects.
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