Atrium Mortgage Investment (TSE:AI) Shares Cross Below Two Hundred Day Moving Average – Time to Sell?

Shares of Atrium Mortgage Investment Co. (TSE:AI) crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of C$11.23 and traded as low as C$10.76. Atrium Mortgage Investment shares last traded at C$10.81, with a volume of 63,825 shares traded.

Atrium Mortgage Investment Trading Down 0.6 %

The company has a market cap of C$481.26 million, a price-to-earnings ratio of 10.39 and a beta of 1.21. The company has a current ratio of 62.51, a quick ratio of 102.54 and a debt-to-equity ratio of 78.58. The firm’s 50-day moving average price is C$11.00 and its 200 day moving average price is C$11.23.

Insider Activity at Atrium Mortgage Investment

In other Atrium Mortgage Investment news, Director Mark Silver purchased 100,000 shares of Atrium Mortgage Investment stock in a transaction that occurred on Tuesday, November 19th. The stock was acquired at an average price of C$11.20 per share, with a total value of C$1,120,000.00. 4.45% of the stock is currently owned by insiders.

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.