Mark Silver Buys 100,000 Shares of Atrium Mortgage Investment Co. (TSE:AI) Stock

Atrium Mortgage Investment Co. (TSE:AI) Director Mark Silver purchased 100,000 shares of the company’s stock in a transaction on Tuesday, November 19th. The stock was purchased at an average price of C$11.20 per share, for a total transaction of C$1,120,000.00.

Atrium Mortgage Investment Stock Down 0.5 %

AI traded down C$0.06 during trading on Wednesday, reaching C$11.17. 38,934 shares of the stock were exchanged, compared to its average volume of 41,670. The stock’s 50 day moving average price is C$11.35 and its two-hundred day moving average price is C$11.18. 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 stock has a market cap of C$497.29 million, a P/E ratio of 10.73 and a beta of 1.21. Atrium Mortgage Investment Co. has a twelve month low of C$9.95 and a twelve month high of C$12.00.

Atrium Mortgage Investment Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Thursday, December 12th. Shareholders of record on Friday, November 29th will be given a dividend of $0.075 per share. This represents a $0.90 dividend on an annualized basis and a yield of 8.06%. The ex-dividend date is Friday, November 29th. Atrium Mortgage Investment’s dividend payout ratio is presently 86.54%.

Analyst Ratings Changes

Separately, Fundamental Research set a C$13.03 price objective on Atrium Mortgage Investment and gave the company a “buy” rating in a research note on Tuesday, August 20th.

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.