Atrium Mortgage Investment Co. (TSE:AI - Get Free Report) shares crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$11.17 and traded as low as C$11.04. Atrium Mortgage Investment shares last traded at C$11.10, with a volume of 72,899 shares.
Analysts Set New Price Targets
Separately, Fundamental Research set a C$13.03 target price on shares of Atrium Mortgage Investment and gave the stock a "buy" rating in a research report on Tuesday, August 20th.
Read Our Latest Stock Report on AI
Atrium Mortgage Investment Trading Up 1.5 %
The business's 50 day moving average price is C$11.38 and its two-hundred day moving average price is C$11.17. The company has a market capitalization of C$501.74 million, a price-to-earnings ratio of 10.81 and a beta of 1.21. The company has a debt-to-equity ratio of 78.58, a quick ratio of 102.54 and a current ratio of 62.51.
Atrium Mortgage Investment Announces Dividend
The firm also recently announced a monthly dividend, which will be paid on Thursday, December 12th. Investors of record on Friday, November 29th will be paid a dividend of $0.075 per share. This represents a $0.90 annualized dividend and a yield of 7.99%. The ex-dividend date of this dividend is Friday, November 29th. Atrium Mortgage Investment's dividend payout ratio is presently 86.54%.
About Atrium Mortgage Investment
(
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Atrium Mortgage Investment Corporation, a mortgage lender, provides residential and commercial mortgages services in Canada. It offers various types of mortgage loans, such as land and development financing, construction and mezzanine financing, and commercial term and bridge financing services for residential, multi-residential, and commercial real properties.
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