Atrium Mortgage Investment (TSE:AI) Stock Price Passes Below Two Hundred Day Moving Average of $11.01

Atrium Mortgage Investment Co. (TSE:AI)’s share price passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of C$11.01 and traded as low as C$10.59. Atrium Mortgage Investment shares last traded at C$10.65, with a volume of 15,103 shares changing hands.

Atrium Mortgage Investment Stock Performance

The company’s fifty day moving average price is C$10.96 and its 200 day moving average price is C$11.01. The company has a market cap of C$471.02 million, a PE ratio of 9.32 and a beta of 1.21. The company has a debt-to-equity ratio of 77.81, a current ratio of 41.61 and a quick ratio of 102.54.

Atrium Mortgage Investment (TSE:AI) last announced its earnings results on Tuesday, May 14th. The company reported C$0.27 EPS for the quarter. The company had revenue of C$25.19 million during the quarter. Atrium Mortgage Investment had a net margin of 83.38% and a return on equity of 10.75%. On average, equities research analysts predict that Atrium Mortgage Investment Co. will post 1.1699687 earnings per share for the current year.

Atrium Mortgage Investment Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Friday, July 12th. Stockholders of record on Friday, June 28th will be issued a $0.075 dividend. The ex-dividend date of this dividend is Friday, June 28th. This represents a $0.90 annualized dividend and a dividend yield of 8.47%. Atrium Mortgage Investment’s dividend payout ratio is currently 78.95%.

Atrium Mortgage Investment Company Profile

Atrium Mortgage Investment Corporation, a mortgage lender, provides residential and commercial mortgages services in Canada. It offers various types of mortgage loans, such as land and development financing, construction and mezzanine financing, and commercial term and bridge financing services for residential, multi-residential, and commercial real properties.