Altus Group (TSE:AIF) Hits New 52-Week Low – What’s Next?

11 Apr 2025, 20:52 by Amy Steele · The Cerbat Gem

Altus Group Limited (TSE:AIF – Get Free Report) shares hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as C$46.54 and last traded at C$48.00, with a volume of 57700 shares trading hands. The stock had previously closed at C$47.35.

Analyst Upgrades and Downgrades

Several analysts have recently commented on the company. CIBC decreased their target price on Altus Group from C$60.00 to C$57.00 in a report on Friday, February 21st. Royal Bank of Canada upped their price target on shares of Altus Group from C$56.00 to C$62.00 in a research report on Friday, February 21st. Four analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of C$57.44.

Check Out Our Latest Analysis on AIF

Altus Group Stock Down 0.4 %

The firm has a 50 day moving average price of C$53.14 and a 200-day moving average price of C$55.04. The firm has a market cap of C$2.21 billion, a price-to-earnings ratio of 831.86, a price-to-earnings-growth ratio of 0.96 and a beta of 0.82. The company has a debt-to-equity ratio of 55.91, a current ratio of 2.09 and a quick ratio of 1.30.

Altus Group Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Tuesday, April 15th will be given a dividend of $0.15 per share. The ex-dividend date of this dividend is Monday, March 31st. This represents a $0.60 dividend on an annualized basis and a yield of 1.26%. Altus Group’s payout ratio is presently 1,049.89%.

Insider Transactions at Altus Group

In related news, Senior Officer Kamila (Camilla) Bartosiewicz sold 2,500 shares of Altus Group stock in a transaction on Friday, February 28th. The stock was sold at an average price of C$54.28, for a total transaction of C$135,700.00. Also, Director William Brennan acquired 22,156 shares of the company’s stock in a transaction that occurred on Monday, March 10th. The stock was bought at an average price of C$52.09 per share, with a total value of C$1,154,106.04. 4.05% of the stock is owned by corporate insiders.

About Altus Group

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