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Atrium Mortgage Investment (TSE:AI) Stock Passes Below 200-Day Moving Average - What's Next?

Atrium Mortgage Investment logo with Financial Services background
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Atrium Mortgage Investment Co. (TSE:AI - Get Free Report)'s stock price crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of C$11.09 and traded as low as C$10.75. Atrium Mortgage Investment shares last traded at C$10.83, with a volume of 60,533 shares.

Analyst Ratings Changes

Separately, Fundamental Research set a C$12.78 target price on shares of Atrium Mortgage Investment and gave the company a "buy" rating in a research report on Tuesday, March 11th.

Check Out Our Latest Stock Analysis on AI

Atrium Mortgage Investment Trading Down 1.0 %

The stock has a market cap of C$507.96 million, a price-to-earnings ratio of 10.17 and a beta of 1.21. The company's fifty day moving average is C$10.80 and its two-hundred day moving average is C$11.08.

About Atrium Mortgage Investment

(Get Free Report)

Atrium Mortgage Investment Corp is a non-banking finance company providing residential and commercial mortgages that lends funds in major urban centres in Canada where the stability and liquidity of real estate are high. Its objectives are to provide its shareholders with stable and secure dividends and preserve shareholders' equity by lending within conservative risk parameters.

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