Computer Modelling Group Ltd. has seen fluctuating performance this week, influenced by key company announcements.
This week, Computer Modelling Group Ltd. (CMG.TO) experienced a notable shift in its stock price, closing at C$4.06 on Friday after a 4.53% drop for the day. However, the stock has shown resilience over the week with a 4.44% increase, reflecting investor interest following recent company news.
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Computer Modelling Group Ltd.
CMG.TO
CMG.TO
Computer Modelling Group Ltd.
WealthAwesomeMarket cap
$311.98M
P/E
21.1x
Div. yield
0.95%
Div. / share
$0.04
52W high
$6.32
52W low
$3.39
1W change
+4.44%
Beta
-0.19
Analyst Price Targets
Based on analyst covering CMG · as of Sep 17, 2026
Wall Street analysts forecast CMG stock price to rise 30.0% over the next 12 months.
Consensus
BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$5.20
+30.0% Upside
Current Price
C$4.00
Last close
Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on CMG's historical volatility
30-Day Vol
41.3%
Annualized
90-Day Vol
39.5%
Annualized
Trend (90d)
+50.0%
Annualized drift
90d Mean
C$4.78
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$4.25 | C$3.68 – C$4.90 |
| 60 trading days | C$4.51 | C$3.68 – C$5.51 |
| 90 trading days | C$4.78 | C$3.74 – C$6.12 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
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Investor takeaway: Investors should consider the recent announcements from Computer Modelling Group, particularly regarding their issuer bid and renewed agreements, as they may impact the company's future performance and stock valuation.
C$4.06 Closing Price Reflects Recent Volatility
With a market cap of C$311.98 million and a P/E ratio of 21.05, the valuation metrics suggest moderate growth potential, but the recent price action indicates investor caution.
Bull case
The renewal of a multi-year agreement with Petrobras shows that Computer Modelling Group's software capabilities are trusted, which could lead to future revenue growth.
Bear case
Despite recent developments, the stock is down 24.24% year-to-date, raising concerns about the company's long-term performance in a fluctuating market.
Price Action Overview
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On Friday, Computer Modelling Group Ltd. (CMG.TO) closed at C$4.06, reflecting a significant decline of 4.53% for the day. Over the past week, however, the stock has managed a recovery of 4.44%, showcasing a degree of volatility that may attract attention from investors looking for opportunities in the technology sector.
Recent Company News
Two significant announcements have emerged from Computer Modelling Group this past week. On September 23, the company announced preliminary results of a substantial issuer bid, which could indicate a strategic move to enhance shareholder value. Additionally, on September 17, Computer Modelling Group renewed its multi-year simulation software agreement with Petrobras, reinforcing its position in the market and potentially driving future revenue.
Technical Picture
From a technical standpoint, CMG.TO is currently trading above its 50-day moving average of C$3.86 by 5.1%, suggesting a short-term bullish trend. However, it is slightly below its 200-day moving average of C$4.16 by 2.3%, indicating some long-term resistance. The stock has a 52-week range of C$3.39 to C$6.32, with the current price at approximately 23% of that range. The stock's beta of -0.19 suggests lower volatility compared to the broader market.
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