Computer Modelling traded at 4.06 this Friday September 25th, increasing 0.06 or 1.50 percent since the previous trading session. Looking back, over the last four weeks, Computer Modelling gained 2.53 percent. Over the last 12 months, its price fell by 34.52 percent. Looking ahead, we forecast Computer Modelling to be priced at 3.91 by the end of this quarter and at 3.65 in one year, according to Trading Economics global macro models projections and analysts expectations.
Computer Modelling Group Ltd. (CMG) is a Canada-based computer software technology company serving the oil and gas industry. The Company operates through the development and licensing of reservoir simulation software segment. The Company is a supplier of process reservoir modelling software with a blue chip customer base of international oil companies and technology centers in approximately 60 countries. The Company also provides professional services consisting of specialized support, consulting, training and contract research activities. The Company is engaged in the sales and technical support services based in Calgary, Houston, London, Dubai, Bogota and Kuala Lumpur. The Company's subsidiaries include Computer Modelling Group Inc., CMG Venezuela, CMG Middle East FZ LLC and CMG (Europe) Limited.