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Atrium Mortgage Investment (TSE:AI) Shares Pass Below Two Hundred Day Moving Average - Time to Sell?

Atrium Mortgage Investment logo with Financial Services background

Atrium Mortgage Investment Co. (TSE:AI - Get Free Report) passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of C$10.94 and traded as low as C$10.61. Atrium Mortgage Investment shares last traded at C$10.77, with a volume of 41,271 shares trading hands.

Analyst Ratings Changes

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

View Our Latest Report on Atrium Mortgage Investment

Atrium Mortgage Investment Stock Down 0.3 %

The stock has a fifty day simple moving average of C$10.66 and a 200 day simple moving average of C$10.94. The firm has a market capitalization of C$521.71 million, a P/E ratio of 10.44 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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