Shares of Computer Modelling Group Ltd. (OTCMKTS:CMDXF – Get Free Report) passed below its two hundred day moving average during trading on Tuesday. The stock has a two hundred day moving average of $2.92 and traded as low as $2.85. Computer Modelling Group shares last traded at $2.85, with a volume of 16,951 shares trading hands.
Computer Modelling Group Price Performance
The business has a 50-day simple moving average of $2.87 and a two-hundred day simple moving average of $2.92.
About Computer Modelling Group
Computer Modelling Group Ltd. (OTCMKTS:CMDXF) is a Canadian technology company that develops reservoir simulation software and provides related services to the energy industry. Its tools help oil and gas companies model subsurface reservoirs, evaluate development strategies, and improve the recovery and management of hydrocarbon resources.
The company’s software portfolio supports conventional and unconventional reservoir studies, enhanced oil recovery, thermal operations, compositional modeling, and other complex subsurface applications.
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