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Market Drop: Computer Modelling Group Shares Plunge 18.3% Amid Analyst Downgrade

John Matthews
Published on 2025-08-09 00:15:00
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Market Drop: Computer Modelling Group Shares Plunge 18.3% Amid Analyst Downgrade

Stock Performance and Trading Activity

On August 8, 2025, Computer Modelling Group Ltd. (TSE:CMG) experienced a significant decline, with its stock price dropping by 18.3%. The shares dipped to a low of C$6.22 before closing at C$6.41, amid a surge in trading volume. The trading activity saw over 1.33 million shares exchanged during midday, marking a 603% increase compared to the average volume of approximately 190,000 shares.

Analyst Ratings and Company Overview

This sharp downturn followed a downgrade by Ventum Capital Markets, which shifted its rating from a 'strong-buy' to a 'hold' on the company’s stock on May 22nd. Currently, analysts' consensus rates the stock as a 'hold' with an average target price of C$13.14. Despite the stock's decline, the company recently paid a quarterly dividend of C$0.05 per share, translating to an annual yield of 3.1%. Insider trading activity shows some insiders have bought and sold shares, indicating mixed confidence.

Financial Metrics

Financially, Computer Modelling Group boasts a market capitalization of approximately C$517 million, with a PE ratio of 21.14, a PEG ratio of 1.97, and a beta of 1.21. Its li...

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