Computer Modelling Group Ltd. (TSE:CMG – Get Free Report) declared a quarterly dividend on Wednesday, August 7th, Zacks reports. Investors of record on Thursday, September 5th will be given a dividend of 0.05 per share on Friday, September 13th. This represents a $0.20 annualized dividend and a yield of 1.63%. The ex-dividend date of this dividend is Thursday, September 5th.
Computer Modelling Group Stock Performance
TSE:CMG traded down C$0.26 during trading hours on Friday, hitting C$12.28. 5,719 shares of the company traded hands, compared to its average volume of 114,615. The stock has a market capitalization of C$997.50 million, a price-to-earnings ratio of 43.24, a P/E/G ratio of 1.97 and a beta of 1.14. Computer Modelling Group has a twelve month low of C$6.85 and a twelve month high of C$14.73. The firm has a 50-day moving average of C$13.46 and a 200 day moving average of C$11.43. 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 – Get Free Report) last announced its quarterly earnings data on Wednesday, May 22nd. The company reported C$0.09 earnings per share (EPS) for the quarter, beating 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 company had revenue of C$32.29 million during the quarter, compared to analysts’ expectations of C$31.30 million. On average, analysts forecast that Computer Modelling Group will post 0.3502392 EPS for the current year.
Insider Activity at Computer Modelling Group
Wall Street Analyst Weigh In
A number of equities research analysts recently issued reports on the stock. National Bankshares increased their target price on shares of Computer Modelling Group from C$12.50 to C$14.00 and gave the stock an “outperform” rating in a research report on Friday, May 31st. Echelon Wealth Partners increased their target price on shares of Computer Modelling Group from C$11.50 to C$13.00 and gave the stock a “buy” rating in a research report on Friday, May 24th. CIBC increased their target price on shares of Computer Modelling Group from C$13.50 to C$15.00 in a research report on Thursday. Ventum Financial increased their price objective on shares of Computer Modelling Group from C$13.00 to C$15.00 and gave the stock a “buy” rating in a report on Wednesday, July 31st. Finally, Raymond James set a C$15.00 price objective on shares of Computer Modelling Group and gave the stock an “outperform” rating in a report on Monday, June 17th. One analyst has rated the stock with a sell rating, one has given a hold rating, eight have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of C$13.25.
Check Out Our Latest Research Report on CMG
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.
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