Atrium Mortgage Investment (TSE:AI) Given a C$13.01 Price Target at Fundamental Research

Atrium Mortgage Investment (TSE:AI) has been assigned a C$13.01 price objective by equities research analysts at Fundamental Research in a research report issued on Friday,BayStreet.CA reports. The firm presently has a “buy” rating on the stock. Fundamental Research’s price objective would suggest a potential upside of 9.79% from the stock’s current price.

Separately, Canaccord Genuity Group set a C$13.50 price target on shares of Atrium Mortgage Investment and gave the stock a “buy” rating in a research note on Friday, April 17th. One equities research analyst has rated the stock with a Strong Buy rating and one has issued a Buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Strong Buy” and an average price target of C$13.26.

Atrium Mortgage Investment Price Performance

AI traded up C$0.02 during midday trading on Friday, hitting C$11.85. 74,159 shares of the company traded hands, compared to its average volume of 127,478. The company has a current ratio of 3.31, a quick ratio of 102.54 and a debt-to-equity ratio of 63.47. The company has a market capitalization of C$571.02 million, a price-to-earnings ratio of 11.50 and a beta of 0.75. Atrium Mortgage Investment has a 52-week low of C$10.94 and a 52-week high of C$12.36. The business has a 50 day simple moving average of C$11.78 and a two-hundred day simple moving average of C$11.65.

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