Atrium Mortgage Investment (TSE:AI) Shares Cross Below Two Hundred Day Moving Average – Here’s What Happened

Atrium Mortgage Investment Co. (TSE:AI)’s stock price passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of C$11.24 and traded as low as C$10.94. Atrium Mortgage Investment shares last traded at C$11.09, with a volume of 67,016 shares.

Atrium Mortgage Investment Stock Up 0.7 %

The stock’s fifty day moving average price is C$11.09 and its 200 day moving average price is C$11.24. The stock has a market cap of C$493.73 million, a P/E ratio of 10.66 and a beta of 1.21. The company has a current ratio of 62.51, a quick ratio of 102.54 and a debt-to-equity ratio of 78.58.

Atrium Mortgage Investment Dividend Announcement

The business also recently declared a monthly dividend, which was paid on Thursday, December 12th. Stockholders of record on Friday, November 29th were issued a $0.075 dividend. This represents a $0.90 dividend on an annualized basis and a dividend yield of 8.12%. The ex-dividend date was Friday, November 29th. Atrium Mortgage Investment’s payout ratio is 86.54%.

Insider Transactions at Atrium Mortgage Investment

In other Atrium Mortgage Investment news, Director Mark Silver bought 100,000 shares of Atrium Mortgage Investment stock in a transaction that occurred on Tuesday, November 19th. The shares were bought at an average price of C$11.20 per share, with a total value of C$1,120,000.00. Insiders own 4.45% of the company’s stock.

Atrium Mortgage Investment Company Profile

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.