Computer Modelling Group Ltd. has seen some interesting price movements recently, fueled by strategic corporate actions.
This week, Computer Modelling Group Ltd. (CMG.TO) experienced a mixed performance, closing down 2.49% on Thursday but showing a weekly increase of 4.87%. The company has been in the news recently due to several corporate actions, including a substantial issuer bid and a renewed partnership with Petrobras.
Investor takeaway: While the recent price action reflects some volatility, the underlying corporate strategies may provide a foundation for future growth, especially with positive analyst sentiment.
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Computer Modelling Group Ltd.
CMG.TO
CMG.TO
Computer Modelling Group Ltd.
WealthAwesomeMarket cap
$317.22M
P/E
22.7x
Div. yield
0.90%
Div. / share
$0.04
52W high
$6.22
52W low
$3.39
1W change
+4.87%
Beta
-0.10
Analyst Price Targets
Based on analyst covering CMG · as of Sep 17, 2026
Wall Street analysts forecast CMG stock price to rise 20.6% over the next 12 months.
Consensus
BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$5.20
+20.6% Upside
Current Price
C$4.31
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
41.5%
Annualized
90-Day Vol
37.3%
Annualized
Trend (90d)
+42.0%
Annualized drift
90d Mean
C$5.01
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$4.53 | C$3.93 – C$5.23 |
| 60 trading days | C$4.76 | C$3.89 – C$5.83 |
| 90 trading days | C$5.01 | C$3.91 – C$6.42 |
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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CMG.TO's Stock Performance Highlights
The stock is currently trading at C$4.38, which is 35% of its 52-week range, indicating potential volatility ahead.
Bull case
The recent completion of a substantial issuer bid shows CMG's commitment to returning value to shareholders, which can boost investor confidence. Additionally, renewing a significant partnership with Petrobras suggests ongoing demand for CMG's software solutions, which could drive future revenue growth.
Bear case
Despite these positive corporate developments, the stock has underperformed year-to-date, down 18.37%. The recent price drop raises concerns about market sentiment and CMG's ability to maintain growth momentum amid broader market fluctuations.
Recent Price Action
Computer Modelling Group Ltd. (CMG.TO) closed at C$4.38 on Thursday, reflecting a 2.49% decline for the day. However, the stock has gained 4.87% over the past week and 13.72% in the last month, indicating a recovery from earlier losses. Year-to-date, the stock remains down 18.37%, suggesting a challenging environment for investors.
Corporate Developments
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This week, CMG's recent corporate actions have caught the attention of investors. On September 25, the company completed a substantial issuer bid, repurchasing 4,444,444 common shares at C$4.50 each for a total of approximately C$20 million. This move reflects the company's strategy to return value to shareholders. Additionally, a renewed five-year software licensing agreement with Petrobras, announced on September 17, strengthens CMG's revenue base and underscores its ongoing partnership in the energy sector.
Technical Picture
From a technical perspective, CMG is currently trading above its 50-day moving average of C$3.93 and its 200-day moving average of C$4.12, which may indicate bullish momentum. The stock has a beta of -0.10, suggesting lower volatility compared to the overall market. The current price is approximately 35% of its 52-week range of C$3.39 to C$6.22. The trading volume for the latest session was 130,777 shares, which is about 0.69 times the 20-day average volume of 160,229 shares, indicating lower trading activity.
Insider Activity
No recent insider activity has been reported for Computer Modelling Group Ltd. This can be an important indicator for investors, as insider buying or selling may signal confidence or concerns about the company's future performance.
Price Action Summary
As of the last close, CMG.TO is trading at C$4.38, reflecting a 1D decline of 2.49%. Investors will be watching closely to see how the company's recent strategic moves will impact future performance.
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