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Computer Modelling ( (TSE:CMG) ) has issued an update.
Computer Modelling Group Ltd. announced the election of its board of directors at the recent annual shareholders’ meeting, with all nominees being successfully elected. Andrew Pastor was appointed as the new Chair of the Board of Directors, and all other resolutions were passed, indicating a smooth transition and continued stability in the company’s governance.
The most recent analyst rating on (TSE:CMG) stock is a Hold with a C$6.50 price target. To see the full list of analyst forecasts on Computer Modelling stock, see the TSE:CMG Stock Forecast page.
Spark’s Take on TSE:CMG Stock
According to Spark, TipRanks’ AI Analyst, TSE:CMG is a Neutral.
The overall stock score is primarily influenced by strong financial performance, despite recent declines in revenue and free cash flow. Technical analysis indicates bearish momentum, and the valuation is moderate. The lack of earnings call data and corporate events limits additional insights.
To see Spark’s full report on TSE:CMG stock, click here.
More about Computer Modelling
CMG is a global software and consulting company specializing in solving complex subsurface and surface challenges for the new energy industry. Headquartered in Calgary, AB, it operates internationally with offices in major cities including Houston, Oslo, and Dubai.
Average Trading Volume: 220,195
Technical Sentiment Signal: Sell
Current Market Cap: C$512M
Learn more about CMG stock on TipRanks’ Stock Analysis page.