Atrium Mortgage Investment Co. (TSE:AI) Director Buys C$32,678.30 in Stock

Atrium Mortgage Investment Co. (TSE:AI) Director Mark Silver bought 2,854 shares of the firm’s stock in a transaction that occurred on Friday, October 4th. The shares were acquired at an average cost of C$11.45 per share, for a total transaction of C$32,678.30.

Mark Silver also recently made the following trade(s):

• On Tuesday, November 19th, Mark Silver acquired 100,000 shares of Atrium Mortgage Investment stock. The shares were bought at an average cost of C$11.20 per share, with a total value of C$1,120,000.00.

Atrium Mortgage Investment Price Performance

Shares of AI stock traded up C$0.04 during trading hours on Friday, hitting C$11.25. The stock had a trading volume of 93,090 shares, compared to its average volume of 42,016. The company has a debt-to-equity ratio of 78.58, a current ratio of 62.51 and a quick ratio of 102.54. The stock has a market capitalization of C$500.85 million, a price-to-earnings ratio of 10.78 and a beta of 1.21. Atrium Mortgage Investment Co. has a one year low of C$9.95 and a one year high of C$12.00. The stock’s 50-day moving average price is C$11.33 and its two-hundred day moving average price is C$11.18.

Atrium Mortgage Investment Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Thursday, December 12th. Investors of record on Friday, November 29th will be given a $0.075 dividend. This represents a $0.90 annualized dividend and a yield of 8.00%. The ex-dividend date is Friday, November 29th. Atrium Mortgage Investment’s dividend payout ratio is presently 86.54%.

Wall Street Analyst Weigh In

Separately, Fundamental Research set a C$13.03 target price on shares of Atrium Mortgage Investment and gave the stock a “buy” rating in a research report on Tuesday, August 20th.

About Atrium Mortgage Investment

Atrium Mortgage Investment Corporation, a mortgage lender, provides residential and commercial mortgages services in Canada. It offers various types of mortgage loans, such as land and development financing, construction and mezzanine financing, and commercial term and bridge financing services for residential, multi-residential, and commercial real properties.