Altus Group Limited (TSE:AIF - Get Free Report) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$55.76 and traded as high as C$57.94. Altus Group shares last traded at C$57.45, with a volume of 46,410 shares trading hands.
Wall Street Analysts Forecast Growth
Several analysts have commented on AIF shares. Royal Bank of Canada raised their price objective on shares of Altus Group from C$56.00 to C$62.00 in a report on Friday. CIBC decreased their target price on Altus Group from C$60.00 to C$57.00 in a research report on Friday. Five research analysts have rated the stock with a hold rating and one has given a buy rating to the stock. According to data from MarketBeat, the company has an average rating of "Hold" and an average price target of C$57.44.
Check Out Our Latest Analysis on AIF
Altus Group Stock Down 1.5 %
The company has a quick ratio of 1.30, a current ratio of 2.09 and a debt-to-equity ratio of 55.91. The company's fifty day moving average price is C$56.87 and its 200-day moving average price is C$55.77. The stock has a market capitalization of C$2.56 billion, a PE ratio of 962.40, a price-to-earnings-growth ratio of 0.96 and a beta of 0.82.
Insider Transactions at Altus Group
In related news, Director William Brennan sold 11,150 shares of the business's stock in a transaction that occurred on Monday, December 30th. The shares were sold at an average price of C$55.45, for a total value of C$618,267.50. Over the last three months, insiders have purchased 9,027 shares of company stock valued at $515,312. Insiders own 4.05% of the company's stock.
About Altus Group
(
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Altus Group Ltd operates in the Canadian real estate sector. Its services can be summed up as advisory services, software and data solutions to the property and real estate industry. The company has three reportable segments namely Altus Analytics, Commercial Real Estate Consulting, and Geomatics. It generates maximum revenue from the Commercial Real Estate Consulting segment.
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