Altus Group Limited (TSE:AIF - Get Free Report)'s share price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$53.86 and traded as high as C$56.34. Altus Group shares last traded at C$56.34, with a volume of 9,217 shares.
Analyst Ratings Changes
A number of equities analysts have recently weighed in on the company. Royal Bank of Canada boosted their target price on Altus Group from C$55.00 to C$56.00 in a research note on Friday, November 8th. National Bankshares boosted their price objective on Altus Group from C$50.00 to C$55.00 in a research report on Thursday, September 19th. Finally, CIBC upped their price objective on Altus Group from C$52.00 to C$60.00 and gave the company a "neutral" rating in a research note on Thursday, December 19th. Five equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Hold" and a consensus target price of C$57.11.
Read Our Latest Analysis on Altus Group
Altus Group Stock Up 0.0 %
The firm has a market capitalization of C$2.59 billion, a PE ratio of 939.17, a P/E/G ratio of 0.96 and a beta of 0.82. The stock has a 50-day simple moving average of C$56.44 and a 200-day simple moving average of C$53.91. The company has a quick ratio of 1.30, a current ratio of 1.41 and a debt-to-equity ratio of 57.13.
Altus Group Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st will be issued a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 1.06%. The ex-dividend date of this dividend is Tuesday, December 31st. Altus Group's dividend payout ratio (DPR) is currently 1,000.00%.
Insider Activity at Altus Group
In other Altus Group news, Director William Brennan acquired 1,227 shares of Altus Group stock in a transaction that occurred on Tuesday, December 17th. The stock was acquired at an average cost of C$56.43 per share, for a total transaction of C$69,239.61. In the last three months, insiders have bought 48,973 shares of company stock worth $2,790,608. Company insiders own 4.05% of the company's stock.
Altus Group Company Profile
(
Get Free Report)
Altus Group Limited provides asset and funds intelligence solutions for commercial real estate (CRE). The company operates through Analytics, Property Tax, and Appraisals and Development Advisory segments. The Analytics segment portfolio includes software, data analytics, market data, and consulting services; CRE asset and fund management services; ARGUS-branded, finance active-branded debt management, and valuation management solutions; technology consulting services, such as strategic advisory for front-to-back-office strategies, processes, and technology; and software services related to education, training, and implementation.
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