Computer Modelling Group Ltd. (CMG) Director Purchases C$13,040.00 in Stock

Computer Modelling Group Ltd. (TSE:CMG) Director Kenneth Michael Dedeluk purchased 2,000 shares of Computer Modelling Group stock in a transaction on Thursday, November 29th. The shares were purchased at an average cost of C$6.52 per share, with a total value of C$13,040.00.

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

  • On Friday, November 16th, Kenneth Michael Dedeluk purchased 3,000 shares of Computer Modelling Group stock. The shares were purchased at an average cost of C$6.80 per share, with a total value of C$20,400.00.
  • On Monday, November 19th, Kenneth Michael Dedeluk acquired 3,000 shares of Computer Modelling Group stock. The stock was bought at an average cost of C$6.60 per share, with a total value of C$19,800.00.

Shares of CMG stock opened at C$6.85 on Tuesday. Computer Modelling Group Ltd. has a fifty-two week low of C$6.34 and a fifty-two week high of C$10.44.

Computer Modelling Group (TSE:CMG) last announced its quarterly earnings results on Tuesday, November 13th. The company reported C$0.06 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of C$0.06. The company had revenue of C$17.94 million for the quarter, compared to the consensus estimate of C$18.34 million. On average, research analysts predict that Computer Modelling Group Ltd. will post 0.209999996827795 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Friday, December 14th. Stockholders of record on Friday, December 14th will be given a dividend of $0.10 per share. The ex-dividend date of this dividend is Wednesday, December 5th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 5.84%. Computer Modelling Group’s dividend payout ratio is presently 117.19%.

Several equities research analysts have issued reports on the company. Canaccord Genuity cut their price target on Computer Modelling Group from C$9.50 to C$8.00 in a report on Wednesday, November 14th. Industrial Alliance Securities upgraded Computer Modelling Group from a “hold” rating to a “buy” rating and lowered their price objective for the stock from C$10.50 to C$10.00 in a research report on Friday, August 10th. BMO Capital Markets decreased their price target on Computer Modelling Group from C$13.00 to C$11.00 and set an “outperform” rating on the stock in a research report on Thursday, November 15th. Finally, Royal Bank of Canada decreased their target price on Computer Modelling Group from C$8.00 to C$7.00 and set an “underperform” rating on the stock in a research report on Friday, August 10th.

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About Computer Modelling Group

Computer Modelling Group Ltd., a computer software technology company, develops and licenses reservoir simulation software in Canada. The company offers CMOST AI, an intelligent optimization and analysis tool that offers solution for its 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/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 collaborate on the same asset.

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