Altius Renewable Royalties Corp. (TSE:ARR - Get Free Report) was down 0.2% during trading on Friday . The company traded as low as C$11.88 and last traded at C$11.88. Approximately 16,614 shares were traded during mid-day trading, an increase of 15% from the average daily volume of 14,506 shares. The stock had previously closed at C$11.90.
Wall Street Analyst Weigh In
A number of research analysts recently commented on ARR shares. TD Securities downgraded shares of Altius Renewable Royalties from a "buy" rating to a "sell" rating and dropped their target price for the company from C$13.00 to C$12.00 in a research report on Friday, September 13th. Raymond James increased their target price on shares of Altius Renewable Royalties from C$25.00 to C$26.50 and gave the company an "outperform" rating in a research report on Friday, September 13th.
Read Our Latest Stock Analysis on ARR
Altius Renewable Royalties Price Performance
The company's 50 day moving average price is C$11.63 and its 200 day moving average price is C$9.95. The company has a current ratio of 250.01, a quick ratio of 102.67 and a debt-to-equity ratio of 0.12. The company has a market cap of C$365.79 million, a price-to-earnings ratio of -148.50 and a beta of 0.97.
About Altius Renewable Royalties
(
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Altius Renewable Royalties Corp., a renewable energy royalty company, engages in the acquisition and management of renewable energy investments and royalties in North America. The company holds interests in a portfolio of 2,068 MW of operational wind, solar, and hydroelectric projects located in Texas, Kansas, California, and Vermont.
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