Kenneth Michael Dedeluk Sells 10,000 Shares of Computer Modelling Group Ltd. (TSE:CMG) Stock

Computer Modelling Group Ltd. (TSE:CMG) Director Kenneth Michael Dedeluk sold 10,000 shares of the firm’s stock in a transaction dated Monday, April 29th. The stock was sold at an average price of C$10.75, for a total value of C$107,500.00.

Kenneth Michael Dedeluk also recently made the following trade(s):

• On Wednesday, April 24th, Kenneth Michael Dedeluk sold 20,000 shares of Computer Modelling Group stock. The stock was sold at an average price of C$10.60, for a total transaction of C$212,000.00.
• On Thursday, April 18th, Kenneth Michael Dedeluk sold 10,000 shares of Computer Modelling Group stock. The shares were sold at an average price of C$10.50, for a total value of C$105,000.00.
• On Tuesday, April 16th, Kenneth Michael Dedeluk sold 10,000 shares of Computer Modelling Group stock. The stock was sold at an average price of C$10.25, for a total value of C$102,500.00.
• On Tuesday, April 2nd, Kenneth Michael Dedeluk sold 10,000 shares of Computer Modelling Group stock. The stock was sold at an average price of C$10.40, for a total transaction of C$104,000.00.
• On Friday, March 22nd, Kenneth Michael Dedeluk sold 20,000 shares of Computer Modelling Group stock. The stock was sold at an average price of C$10.50, for a total value of C$210,000.00.
• On Tuesday, March 19th, Kenneth Michael Dedeluk sold 10,000 shares of Computer Modelling Group stock. The shares were sold at an average price of C$10.25, for a total value of C$102,500.00.
• On Friday, March 15th, Kenneth Michael Dedeluk sold 10,000 shares of Computer Modelling Group stock. The shares were sold at an average price of C$10.00, for a total value of C$100,000.00.
• On Wednesday, January 31st, Kenneth Michael Dedeluk sold 10,000 shares of Computer Modelling Group stock. The stock was sold at an average price of C$10.25, for a total transaction of C$102,500.00.

Computer Modelling Group Trading Up 0.4 %

TSE:CMG traded up C$0.04 on Tuesday, hitting C$11.01. 145,052 shares of the stock were exchanged, compared to its average volume of 104,975. The stock has a fifty day moving average of C$10.16 and a 200-day moving average of C$9.90. The stock has a market cap of C$894.34 million, a PE ratio of 37.83, a PEG ratio of 1.97 and a beta of 1.15. Computer Modelling Group Ltd. has a fifty-two week low of C$6.21 and a fifty-two week high of C$11.16. The company has a current ratio of 1.76, a quick ratio of 2.25 and a debt-to-equity ratio of 59.81.

Computer Modelling Group (TSE:CMG) last issued its earnings results on Wednesday, February 7th. The company reported C$0.08 EPS for the quarter, meeting analysts’ consensus estimates of C$0.08. Computer Modelling Group had a net margin of 25.10% and a return on equity of 42.70%. The business had revenue of C$33.01 million for the quarter, compared to the consensus estimate of C$31.65 million. As a group, equities analysts expect that Computer Modelling Group Ltd. will post 0.3501041 earnings per share for the current fiscal year.

Computer Modelling Group Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 15th. Shareholders of record on Friday, March 15th were issued a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a yield of 1.82%. The ex-dividend date was Wednesday, March 6th. Computer Modelling Group’s dividend payout ratio is presently 68.97%.

Analyst Ratings Changes

CMG has been the topic of a number of analyst reports. Barclays raised their target price on shares of Computer Modelling Group from C$8.00 to C$9.00 and gave the stock an “underweight” rating in a research report on Tuesday, February 20th. Canaccord Genuity Group upped their target price on Computer Modelling Group from C$10.50 to C$11.00 and gave the company a “buy” rating in a research note on Friday, February 9th. Finally, National Bankshares set a C$12.50 price target on Computer Modelling Group and gave the stock an “outperform” rating in a research note on Thursday, January 25th. One analyst has rated the stock with a sell rating, one has issued a hold rating and five have assigned a buy rating to the company’s stock. Based on data from MarketBeat, Computer Modelling Group currently has a consensus rating of “Moderate Buy” and a consensus target price of C$10.83.

About Computer Modelling Group

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.