Atrium Mortgage Investment (TSE:AI) Share Price Passes Below 200 Day Moving Average – Should You Sell?

Atrium Mortgage Investment Co. (TSE:AIGet Free Report) shares passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$11.55 and traded as low as C$11.44. Atrium Mortgage Investment shares last traded at C$11.48, with a volume of 277,538 shares changing hands.

Wall Street Analyst Weigh In

Separately, Fundamental Research set a C$13.00 price objective on Atrium Mortgage Investment and gave the stock a “buy” rating in a research report on Tuesday, November 18th. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus target price of C$13.00.

View Our Latest Analysis on Atrium Mortgage Investment

Atrium Mortgage Investment Trading Down 2.1%

The stock’s 50 day moving average is C$11.59 and its 200 day moving average is C$11.55. The stock has a market capitalization of C$548.88 million, a price-to-earnings ratio of 11.04 and a beta of 0.71.

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. The company generates its revenue from mortgage interest and fees.

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