Atrium Mortgage Investment Co. (TSE:AI – Get Rating) passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$11.21 and traded as low as C$10.95. Atrium Mortgage Investment shares last traded at C$10.96, with a volume of 27,532 shares traded.
Analyst Upgrades and Downgrades
Separately, Fundamental Research reiterated a “buy” rating and set a C$13.55 price target (down previously from C$13.90) on shares of Atrium Mortgage Investment in a research report on Tuesday, November 22nd.
Atrium Mortgage Investment Trading Down 1.6 %
The company’s 50-day moving average is C$10.92 and its 200-day moving average is C$11.21. The firm has a market cap of C$473.44 million and a price-to-earnings ratio of 10.85. The company has a debt-to-equity ratio of 79.61, a quick ratio of 102.54 and a current ratio of 102.56.
Atrium Mortgage Investment Announces Dividend
The firm also recently announced a monthly dividend, which will be paid on Friday, February 10th. Shareholders of record on Tuesday, January 31st will be given a dividend of $0.075 per share. The ex-dividend date of this dividend is Monday, January 30th. This represents a $0.90 dividend on an annualized basis and a yield of 8.21%. Atrium Mortgage Investment’s payout ratio is presently 89.11%.
Atrium Mortgage Investment Company Profile
Atrium Mortgage Investment Corporation, a non-bank lender, provides financing solutions to the real estate communities in Ontario, Alberta, and British Columbia. It offers various types of mortgage loans for residential, multi-residential, and commercial real properties, which includes first and second mortgages; infill construction and financing; land and land assembly financing for stacked and traditional townhomes, single detached homes, and low-rise and midrise condominiums; and bridge and term financing.
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