Computer Modelling Group (OTCMKTS:CMDXF) Shares Down 0.5% – Time to Sell?
by Tristan Rich · The Markets DailyComputer Modelling Group Ltd. (OTCMKTS:CMDXF – Get Free Report) shares traded down 0.5% during trading on Friday . The company traded as low as $3.95 and last traded at $3.95. 15,773 shares were traded during trading, a decline of 41% from the average session volume of 26,647 shares. The stock had previously closed at $3.9680.
Analysts Set New Price Targets
Separately, CIBC reissued a “neutral” rating on shares of Computer Modelling Group in a report on Wednesday, October 29th. Two equities research analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the stock currently has an average rating of “Hold”.
View Our Latest Stock Analysis on Computer Modelling Group
Computer Modelling Group Price Performance
The firm’s fifty day simple moving average is $3.69 and its 200 day simple moving average is $4.40.
Computer Modelling Group Company Profile
Computer Modelling Group Ltd (OTCMKTS:CMDXF) is a Canada-based software developer specializing in advanced reservoir simulation for the oil and gas industry. Headquartered in Calgary, Alberta, the company has been providing technology solutions since its founding in 1978. Its core mission is to help energy producers model and optimize subsurface flow and recovery processes, enabling more efficient field development and production planning.
The company’s principal products include IMEX, GEM and STARS reservoir simulators, each tailored to specific recovery mechanisms—from conventional black-oil workflows to complex compositional and thermal processes.