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Altus Group's stock surged past its 200-day average, buoyed by strong Q3 earnings and a new dividend.
Altus Group, a Canadian commercial real estate firm, saw its stock rise above its 200-day moving average, reaching C$56.61.
The company recently declared a quarterly dividend of C$0.15, yielding 1.06%.
Altus Group's Q3 earnings beat analysts' expectations, with EPS of C$0.45 compared to the forecasted C$0.22.
Research firms have revised price targets, showing mixed views on the stock.
The company operates in three segments: Analytics, Property Tax, and Appraisals and Development Advisory.
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Las acciones de Altus Group superaron su promedio de 200 días, impulsadas por fuertes ganancias de Q3 y un nuevo dividendo.