Atrium Mortgage Investment (TSE:AI) Stock Price Passes Below Two Hundred Day Moving Average of $11.02

Atrium Mortgage Investment Co. (TSE:AI) shares crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$11.02 and traded as low as C$10.76. Atrium Mortgage Investment shares last traded at C$10.80, with a volume of 19,943 shares traded.

Atrium Mortgage Investment Stock Performance

The company has a current ratio of 41.61, a quick ratio of 102.54 and a debt-to-equity ratio of 77.81. The firm’s 50-day moving average is C$10.93 and its two-hundred day moving average is C$11.02. The stock has a market cap of C$478.55 million, a price-to-earnings ratio of 9.47 and a beta of 1.21.

Atrium Mortgage Investment (TSE:AI) last released its quarterly earnings data 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%. As a group, sell-side analysts expect that Atrium Mortgage Investment Co. will post 1.1699687 earnings per share for the current year.

Atrium Mortgage Investment Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Friday, July 12th. Shareholders of record on Friday, June 28th will be issued a $0.075 dividend. The ex-dividend date is Friday, June 28th. This represents a $0.90 dividend on an annualized basis and a yield of 8.33%. Atrium Mortgage Investment’s payout ratio is 78.95%.

About Atrium Mortgage Investment

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.