In other Computer Modelling Group news, insider Anjani Kumar sold 20,000 shares of the business's stock in a transaction on Tuesday, March 22nd. The stock was sold at an average price of C$10.80, for a total value of C$216,000.00. Also, insider Robert David Hicks sold 10,000 shares of the business's stock in a transaction on Friday, March 18th. The shares were sold at an average price of C$10.69, for a total value of C$106,900.00.
Shares of Computer Modelling Group (TSE:CMG[1]) opened at 9.11 on Tuesday. The company's 50 day moving average price is $10.01 and its 200 day moving average price is $9.85. The stock has a market capitalization of $717.41 million and a PE ratio of 24.62. Computer Modelling Group has a 52-week low of $7.67 and a 52-week high of $14.60.
CMG has been the subject of several research reports. Scotiabank lifted their price objective on Computer Modelling Group from C$9.50 to C$11.50 and gave the stock a "sector perform" rating in a research report on Thursday, February 11th. Canaccord Genuity downgraded Computer Modelling Group from a "hold" rating to a "sell" rating in a research report on Monday, May 9th. Finally, RBC Capital cut their price objective on Computer Modelling Group from C$10.00 to C$8.50 and set an "under review" rating for the company in a research report on Monday, February 8th.
Computer Modelling Group Ltd. (TSE:CMG[2]) is Canada-based computer software technology company engaged in serving the oil and gas industry. The Company is a supplier of advanced processes reservoir modeling software with a client base of international oil companies and technology centers in over 50 countries.
Receive News & Ratings for Computer Modelling Group Ltd. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Computer Modelling Group Ltd. and related companies with MarketBeat.com's FREE daily email newsletter[3].
