Atrium Mortgage Investment Corp (TSE:AI)’s stock price passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $13.73 and traded as high as $13.88. Atrium Mortgage Investment shares last traded at $13.80, with a volume of 5,706 shares changing hands.
Separately, Fundamental Research reissued a “hold” rating and issued a C$13.70 target price on shares of Atrium Mortgage Investment in a research note on Wednesday, August 28th.
The company has a quick ratio of 93.92, a current ratio of 93.94 and a debt-to-equity ratio of 74.76. The company has a market cap of $547.17 million and a price-to-earnings ratio of 14.55. The stock has a fifty day moving average price of C$13.73 and a two-hundred day moving average price of C$13.51.
Atrium Mortgage Investment (TSE:AI) last posted its earnings results on Thursday, August 1st. The company reported C$0.24 earnings per share for the quarter, missing the Zacks’ consensus estimate of C$0.25 by C($0.01). The firm had revenue of C$16.67 million during the quarter. Analysts predict that Atrium Mortgage Investment Corp will post 0.7500001 earnings per share for the current fiscal year.
The business also recently declared a monthly dividend, which will be paid on Friday, October 11th. Investors of record on Friday, October 11th will be paid a $0.075 dividend. This represents a $0.90 dividend on an annualized basis and a yield of 6.49%. The ex-dividend date of this dividend is Friday, September 27th. Atrium Mortgage Investment’s dividend payout ratio (DPR) is presently 94.44%.
Atrium Mortgage Investment Company Profile (TSE:AI)
Atrium Mortgage Investment Corporation provides financing solutions to the real estate communities in Ontario, Saskatchewan, Alberta, and British Columbia in Canada. It offers various types of mortgage loans for residential, multi-residential, and commercial real properties, including 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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