Shares of Atrium Mortgage Investment Co. (TSE:AI - Get Free Report) crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of C$11.25 and traded as high as C$11.42. Atrium Mortgage Investment shares last traded at C$11.38, with a volume of 69,667 shares trading hands.
Wall Street Analysts Forecast Growth
Separately, Fundamental Research set a C$13.03 price target on Atrium Mortgage Investment and gave the company a "buy" rating in a report on Tuesday, August 20th.
View Our Latest Research Report on Atrium Mortgage Investment
Atrium Mortgage Investment Trading Down 0.1 %
The business's 50-day simple moving average is C$11.25 and its 200-day simple moving average is C$11.21. The company has a market cap of C$506.19 million, a PE ratio of 10.93 and a beta of 1.21. The company has a current ratio of 62.51, a quick ratio of 102.54 and a debt-to-equity ratio of 78.58.
Atrium Mortgage Investment Announces Dividend
The business also recently announced a monthly dividend, which was paid on Thursday, December 12th. Shareholders of record on Friday, November 29th were issued a dividend of $0.075 per share. The ex-dividend date was Friday, November 29th. This represents a $0.90 annualized dividend and a yield of 7.92%. Atrium Mortgage Investment's dividend payout ratio (DPR) is currently 86.54%.
Insider Activity at Atrium Mortgage Investment
In other Atrium Mortgage Investment news, Director Mark Silver bought 2,854 shares of the firm's stock in a transaction that occurred on Friday, October 4th. The stock was purchased at an average price of C$11.45 per share, for a total transaction of C$32,678.30. 4.45% of the stock is owned by company insiders.
Atrium Mortgage Investment Company Profile
(
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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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