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.

November 09, 2024
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