Altus Group Limited (TSE:AIF - Get Free Report)'s share price crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of C$55.70 and traded as high as C$60.00. Altus Group shares last traded at C$59.48, with a volume of 54,318 shares.
Wall Street Analyst Weigh In
A number of equities research analysts have weighed in on the company. Royal Bank of Canada raised their target price on Altus Group from C$55.00 to C$56.00 in a report on Friday, November 8th. CIBC raised their target price on Altus Group from C$52.00 to C$60.00 and gave the company a "neutral" rating in a report on Thursday, December 19th. Five equities research analysts have rated the stock with a hold rating and one has given a buy rating to the stock. According to MarketBeat, the stock currently has an average rating of "Hold" and a consensus target price of C$57.11.
View Our Latest Stock Analysis on AIF
Altus Group Stock Performance
The company has a debt-to-equity ratio of 55.91, a quick ratio of 1.30 and a current ratio of 2.09. The company has a market cap of C$2.68 billion, a price-to-earnings ratio of 1,009.47, a P/E/G ratio of 0.96 and a beta of 0.82. The company has a fifty day moving average of C$56.93 and a two-hundred day moving average of C$55.75.
Insider Activity at Altus Group
In related news, Director William Brennan sold 11,150 shares of the firm's stock in a transaction on Monday, December 30th. The stock was sold at an average price of C$55.45, for a total transaction of C$618,267.50. Insiders have bought a total of 21,909 shares of company stock valued at $1,239,075 in the last 90 days. 4.05% of the stock is owned by corporate insiders.
Altus Group Company Profile
(
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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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