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

Computer Modelling Group Ltd. (TSE:CMG) Director Kenneth Michael Dedeluk sold 10,000 shares of Computer Modelling Group stock in a transaction that occurred on Friday, June 14th. The shares were sold at an average price of C$13.00, for a total transaction of C$130,000.00.

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

• On Friday, June 7th, Kenneth Michael Dedeluk sold 12,400 shares of Computer Modelling Group stock. The shares were sold at an average price of C$13.50, for a total transaction of C$167,400.00.
• On Tuesday, June 4th, Kenneth Michael Dedeluk sold 7,900 shares of Computer Modelling Group stock. The shares were sold at an average price of C$13.25, for a total transaction of C$104,675.00.
• On Thursday, May 30th, Kenneth Michael Dedeluk sold 10,000 shares of Computer Modelling Group stock. The shares were sold at an average price of C$12.85, for a total transaction of C$128,500.00.
• On Monday, May 27th, Kenneth Michael Dedeluk sold 5,000 shares of Computer Modelling Group stock. The shares were sold at an average price of C$12.15, for a total transaction of C$60,750.00.
• On Monday, April 29th, Kenneth Michael Dedeluk sold 10,000 shares of Computer Modelling Group stock. The shares were sold at an average price of C$10.75, for a total transaction of C$107,500.00.
• On Wednesday, April 24th, Kenneth Michael Dedeluk sold 20,000 shares of Computer Modelling Group stock. The shares were 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 transaction of C$105,000.00.
• On Tuesday, April 16th, 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 transaction of C$102,500.00.
• On Tuesday, April 2nd, Kenneth Michael Dedeluk sold 10,000 shares of Computer Modelling Group stock. The shares were 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 shares were sold at an average price of C$10.50, for a total transaction of C$210,000.00.

Computer Modelling Group Price Performance

Computer Modelling Group stock opened at C$12.82 on Tuesday. Computer Modelling Group Ltd. has a 52-week low of C$6.21 and a 52-week high of C$13.75. The firm has a market capitalization of C$1.04 billion, a price-to-earnings ratio of 44.21, a PEG ratio of 1.97 and a beta of 1.14. The company has a fifty day simple moving average of C$11.44 and a 200-day simple moving average of C$10.45. The company has a quick ratio of 2.25, a current ratio of 1.76 and a debt-to-equity ratio of 59.81.

Computer Modelling Group (TSE:CMG) last released its earnings results on Wednesday, May 22nd. The company reported C$0.09 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of C$0.07 by C$0.02. Computer Modelling Group had a net margin of 25.10% and a return on equity of 42.70%. The business had revenue of C$32.29 million during the quarter, compared to analyst estimates of C$31.30 million. On average, equities analysts anticipate that Computer Modelling Group Ltd. will post 0.3502392 EPS for the current fiscal year.

Computer Modelling Group Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 14th. Investors of record on Friday, June 14th were issued a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a dividend yield of 1.56%. The ex-dividend date of this dividend was Thursday, June 6th. Computer Modelling Group’s dividend payout ratio is currently 68.97%.

Wall Street Analyst Weigh In

Several research firms recently issued reports on CMG. Canaccord Genuity Group boosted their target price on shares of Computer Modelling Group from C$11.00 to C$12.00 and gave the company a “buy” rating in a research note on Friday, May 24th. Cibc World Mkts upgraded shares of Computer Modelling Group to a “strong-buy” rating in a research note on Friday, May 24th. National Bankshares boosted their price target on shares of Computer Modelling Group from C$12.50 to C$14.00 and gave the stock an “outperform” rating in a report on Friday, May 31st. CIBC set a C$13.50 price target on shares of Computer Modelling Group and gave the stock an “outperform” rating in a report on Friday, May 24th. Finally, Barclays boosted their price target on shares of Computer Modelling Group from C$8.00 to C$9.00 and gave the stock an “underweight” rating in a report on Tuesday, February 20th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating, seven have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, Computer Modelling Group has an average rating of “Moderate Buy” and an average price target of C$12.28.

Computer Modelling Group Company Profile

Computer Modelling Group Ltd., a software and consulting technology company, engages in the development and licensing of reservoir simulation and seismic interpretation software and related services. The company offers CMOST-AI, an optimization and analysis tool that offers solution for reservoir by combining advanced statistical analysis, machine learning, and impartial data interpretation; IMEX, a black oil simulator that is used to model primary, secondary, and tertiary oil recovery processes in conventional and unconventional reservoirs; and GEM, an equation-of-state reservoir simulator for compositional, chemical, and unconventional reservoir modelling.