Atrium Mortgage Investment (TSE:AI) Share Price Crosses Below 200 Day Moving Average – Here’s What Happened

Atrium Mortgage Investment Co. (TSE:AI) shares passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$11.24 and traded as low as C$10.91. Atrium Mortgage Investment shares last traded at C$11.02, with a volume of 76,586 shares traded.

Atrium Mortgage Investment Price Performance

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 firm has a market cap of C$490.61 million, a PE ratio of 10.60 and a beta of 1.21. The stock has a 50 day simple moving average of C$11.16 and a two-hundred day simple moving average of C$11.24.

Atrium Mortgage Investment Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Thursday, December 12th. Shareholders of record on Friday, November 29th were given a $0.075 dividend. The ex-dividend date was Friday, November 29th. This represents a $0.90 annualized dividend and a yield of 8.17%. Atrium Mortgage Investment’s dividend payout ratio is presently 86.54%.

Insider Activity

In other Atrium Mortgage Investment news, Director Mark Silver acquired 100,000 shares of the company’s stock in a transaction on Tuesday, November 19th. The shares were bought at an average cost of C$11.20 per share, with a total value of C$1,120,000.00. Insiders own 4.45% of the company’s stock.

About Atrium Mortgage Investment

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.