Altus Group (OTCMKTS:ASGTF) Stock Price Down 1.8% – What’s Next?

Altus Group Limited (OTCMKTS:ASGTF)’s share price fell 1.8% during trading on Thursday . The company traded as low as $38.7760 and last traded at $38.8360. 1,557 shares were traded during trading, a decline of 79% from the average session volume of 7,427 shares. The stock had previously closed at $39.5680.

Analysts Set New Price Targets

Separately, Scotiabank reissued a “sector perform” rating on shares of Altus Group in a research note on Thursday, August 14th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat, Altus Group presently has an average rating of “Hold”.

Altus Group Stock Down 15.7%

The business has a 50 day simple moving average of $42.25 and a 200-day simple moving average of $40.67.

About Altus Group

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.