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

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

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

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

Computer Modelling Group Price Performance

Shares of CMG opened at C$3.70 on Wednesday. The company has a current ratio of 1.00, a quick ratio of 2.25 and a debt-to-equity ratio of 55.24. Computer Modelling Group Ltd. has a 1 year low of C$3.40 and a 1 year high of C$8.23. The stock has a market cap of C$288.58 million, a P/E ratio of 17.62, a price-to-earnings-growth ratio of 1.97 and a beta of -0.80. The stock’s 50-day moving average price is C$3.80 and its two-hundred day moving average price is C$4.24.

Computer Modelling Group (TSE:CMG) last posted its earnings results on Thursday, May 21st. The company reported C$0.07 earnings per share (EPS) for the quarter. The company had revenue of C$33.67 million during the quarter. Computer Modelling Group had a return on equity of 20.50% and a net margin of 13.80%. On average, equities analysts predict that Computer Modelling Group Ltd. will post 0.3055122 earnings per share for the current year.

Computer Modelling Group Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Monday, June 15th were paid a $0.01 dividend. 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 is presently 38.10%.

Wall Street Analyst Weigh In

CMG has been the subject of several research analyst reports. Ventum Financial boosted their price target on shares of Computer Modelling Group from C$6.50 to C$6.75 and gave the company a “buy” rating in a report on Thursday, March 26th. National Bank Financial reduced their target price on Computer Modelling Group from C$5.00 to C$4.50 and set a “sector perform” rating on the stock in a report on Wednesday, May 27th. 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 note on Friday, May 22nd. Two equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, Computer Modelling Group presently has a consensus 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.