Atrium Mortgage Investment (TSE:AI) Stock Price Crosses Above 50 Day Moving Average - Should You Sell?

Key Points

• Atrium Mortgage Investment (TSE:AI) has seen its stock price cross above the 50-day moving average at C$11.46, trading as high as C$11.83.
• The company's market capitalization is approximately C$553.02 million, with a price-to-earnings ratio of 11.07 and a beta of 1.21.
• Atrium Mortgage Investment focuses on providing stable dividends by lending within conservative risk parameters in major Canadian urban centers.

Atrium Mortgage Investment Co. (TSE:AI - ) shares crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of C$11.46 and traded as high as C$11.83. Atrium Mortgage Investment shares last traded at C$11.66, with a volume of 141,759 shares.

Atrium Mortgage Investment Price Performance

The firm's 50-day simple moving average is C$11.46 and its two-hundred day simple moving average is C$11.03. The company has a market capitalization of C$553.02 million, a price-to-earnings ratio of 11.07 and a beta of 1.21.

Atrium Mortgage Investment Company Profile

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.

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