Atrium Mortgage Investment (TSE:AI) Stock Crosses Below 200 Day Moving Average – What’s Next?

Atrium Mortgage Investment Co. (TSE:AI) crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of C$11.22 and traded as low as C$10.86. Atrium Mortgage Investment shares last traded at C$10.90, with a volume of 137,489 shares trading hands.

Atrium Mortgage Investment Price Performance

The company has a debt-to-equity ratio of 78.58, a current ratio of 62.51 and a quick ratio of 102.54. The stock has a market capitalization of C$485.27 million, a P/E ratio of 10.48 and a beta of 1.21. The firm has a fifty day moving average of C$11.23 and a two-hundred day moving average of C$11.22.

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 issued a $0.075 dividend. This represents a $0.90 annualized dividend and a yield of 8.26%. The ex-dividend date of this dividend was Friday, November 29th. Atrium Mortgage Investment’s dividend payout ratio is currently 86.54%.

Insider Buying and Selling

In other news, Director Mark Silver bought 100,000 shares of Atrium Mortgage Investment stock in a transaction that occurred on Tuesday, November 19th. The stock was bought at an average price of C$11.20 per share, for a total transaction of C$1,120,000.00. 4.45% of the stock is owned by company 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.