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Atrium Mortgage Investment (TSE:AI) Stock Crosses Below Two Hundred Day Moving Average - Here's Why

Atrium Mortgage Investment logo with Financial Services background

Atrium Mortgage Investment Co. (TSE:AI - Get Free Report) shares crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$10.98 and traded as low as C$10.21. Atrium Mortgage Investment shares last traded at C$10.43, with a volume of 59,798 shares changing hands.

Analyst Upgrades and Downgrades

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

Read Our Latest Report on AI

Atrium Mortgage Investment Stock Up 0.5 %

The stock has a 50-day moving average of C$10.65 and a 200 day moving average of C$10.96. The company has a market capitalization of C$507.48 million, a PE ratio of 10.16 and a beta of 1.21.

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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