Computer Modelling Group (TSE:CMG) Stock: Insider Alexander Davern Purchases 25,000 Shares

Computer Modelling Group Ltd. (TSE:CMG) Director Alexander Davern acquired 25,000 shares of the stock in a transaction that occurred on Wednesday, September 30th. The shares were bought at an average cost of C$4.00 per share, with a total value of C$100,000.00. Following the transaction, the director directly owned 225,000 shares in the company, valued at C$900,000. This trade represents a 12.50% increase in their position.

Computer Modelling Group Trading Up 1.7%

Computer Modelling Group stock traded up C$0.07 during trading on Wednesday, hitting C$4.11. The company had a trading volume of 253,302 shares, compared to its average volume of 179,712. The stock has a market cap of C$320.56 million, a price-to-earnings ratio of 21.63, a price-to-earnings-growth ratio of 1.97 and a beta of -0.61. The company has a current ratio of 1.06, a quick ratio of 2.25 and a debt-to-equity ratio of 54.99. Computer Modelling Group Ltd. has a 1-year low of C$3.40 and a 1-year high of C$6.38. The company’s 50 day simple moving average is C$3.89 and its 200-day simple moving average is C$3.88.

Computer Modelling Group (TSE:CMG) last released its quarterly earnings results on Wednesday, August 12th. The company reported C$0.02 EPS for the quarter. Computer Modelling Group had a return on equity of 18.44% and a net margin of 12.41%.The company had revenue of C$27.85 million for the quarter. As a group, analysts expect that Computer Modelling Group Ltd. will post 0.3055122 EPS for the current fiscal year.

Computer Modelling Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 15th. Investors of record on Tuesday, September 15th were issued a $0.01 dividend. This represents a $0.04 annualized dividend and a dividend yield of 1.0%. The ex-dividend date was Friday, September 4th. Computer Modelling Group’s payout ratio is currently 21.05%.

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.