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Atrium Mortgage Investment (TSE:AI) Stock Passes Below Two Hundred Day Moving Average - Time to Sell?

Atrium Mortgage Investment logo with Financial Services background

Atrium Mortgage Investment Co. (TSE:AI - Get Free Report) shares passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$10.93 and traded as low as C$10.67. Atrium Mortgage Investment shares last traded at C$10.78, with a volume of 78,639 shares trading hands.

Analyst Upgrades and Downgrades

Separately, Fundamental Research set a C$12.78 price target on shares of Atrium Mortgage Investment and gave the stock a "buy" rating in a research note on Tuesday, March 11th.

Get Our Latest Stock Report on Atrium Mortgage Investment

Atrium Mortgage Investment Price Performance

The stock has a 50 day moving average of C$10.67 and a 200 day moving average of C$10.92. The firm has a market cap of C$514.60 million, a P/E ratio of 10.30 and a beta of 1.21.

Atrium Mortgage Investment Company Profile

(Get Free Report)

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.

See Also

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