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Computer Modelling Group (OTC:CMDXF) Trading Up 0.6%

The Computer Modeling Group Ltd. (OTC: CMDXF-Get Rating) rose 0.6% during mid-day trading on Friday. The stock sold as high as $ 3.42 and last sold at $ 3.40. 8,800 shares were sold during mid -day trading, an increase of 16% from the average session volume of 7,588 shares. The stock previously closed at $ 3.38.

Separately, BMO Capital Markets raised their Computer Modeling Group price target from C $ 5.50 to C $ 6.00 in a research note on Friday, May 20.

The company’s 50 -day simple move is $ 3.76.

About Computer Modeling Group (OTC: CMDXF)

Computer Modeling Group Ltd., a computer software technology company, develops and licenses reservoir simulation software in Canada and internationally. The company offers CMOST-AI, an intelligent optimization and analysis tool that offers a solution for the reservoir by combining statistical analysis, machine learning, and non-biased data interpretation; IMEX, a black oil simulator used to model primary and secondary oil recovery processes in conventional and non -conventional oil and gas reservoirs; GEM, an equation-of-state reservoir simulator for compositional, chemical, and unconventional reservoir modeling; STARS, a thermal and processing reservoir simulator for modeling vapor, solvents, air, and chemical processes; and CoFlow, a reservoir and production system modeling software that allows reservoir and production engineers to make informed decisions on large integrated oil and gas projects in Canada.

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