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

Atrium Mortgage Investment Co. (TSE:AI) shares crossed below its 200-day moving average during trading on Friday . The stock has a 200-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 changing hands.

Atrium Mortgage Investment Stock Up 0.7 %

The firm has a market cap of C$493.73 million, a PE ratio of 10.66 and a beta of 1.21. The company has a debt-to-equity ratio of 78.58, a quick ratio of 102.54 and a current ratio of 62.51. The company’s 50-day simple moving average is C$11.09 and its two-hundred day simple moving average is C$11.24.

Atrium Mortgage Investment Dividend Announcement

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

Insider Buying and Selling at Atrium Mortgage Investment

In related news, Director Mark Silver bought 100,000 shares of the company’s stock in a transaction dated Tuesday, November 19th. The stock was purchased at an average cost of C$11.20 per share, with a total value of C$1,120,000.00. 4.45% of the stock is currently owned by corporate insiders.

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.