Free Trial

Atrium Mortgage Investment (TSE:AI) Stock Price Crosses Below 200 Day Moving Average - Here's Why

Atrium Mortgage Investment logo with Financial Services background

Atrium Mortgage Investment Co. (TSE:AI - Get Free Report)'s stock price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$11.18 and traded as low as C$11.01. Atrium Mortgage Investment shares last traded at C$11.02, with a volume of 104,834 shares traded.

Analyst Ratings Changes

Separately, Fundamental Research set a C$13.03 target price on Atrium Mortgage Investment and gave the stock a "buy" rating in a report on Tuesday, August 20th.

Get Our Latest Research Report on AI

Atrium Mortgage Investment Stock Down 0.1 %

The company has a fifty day moving average price of C$11.48 and a 200 day moving average price of C$11.18. The company has a market cap of C$490.17 million, a PE ratio of 10.60 and a beta of 1.21. The company has a debt-to-equity ratio of 78.58, a current ratio of 62.51 and a quick ratio of 102.54.

Atrium Mortgage Investment (TSE:AI - Get Free Report) last announced its quarterly earnings data on Thursday, August 8th. The company reported C$0.26 earnings per share (EPS) for the quarter. The company had revenue of C$24.93 million during the quarter. Atrium Mortgage Investment had a net margin of 81.77% and a return on equity of 9.48%. As a group, analysts anticipate that Atrium Mortgage Investment Co. will post 1.0597015 EPS for the current year.

Atrium Mortgage Investment Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Wednesday, November 13th. Shareholders of record on Thursday, October 31st will be given a dividend of $0.075 per share. The ex-dividend date is Thursday, October 31st. This represents a $0.90 annualized dividend and a yield of 8.17%. Atrium Mortgage Investment's payout ratio is 86.54%.

About Atrium Mortgage Investment

(Get Free Report)

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.

Featured Stories

Should you invest $1,000 in Atrium Mortgage Investment right now?

Before you consider Atrium Mortgage Investment, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Atrium Mortgage Investment wasn't on the list.

While Atrium Mortgage Investment currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

5G Stocks: The Path Forward is Profitable Cover

Click the link below and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

These Top Stocks in 2024 Will Continue to be Big Winners in 2025
’Best Report in 2 Years’: NVIDIA Earnings Crushes Expectations Again
Palantir and the NASDAQ 100: What’s the Next Big Stock Swing for This AI Giant?

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines