Atrium Mortgage Investment Co. (TSE:AI) Director Mark Silver Buys 100,000 Shares of Stock

Atrium Mortgage Investment Co. (TSE:AI) Director Mark Silver bought 100,000 shares of the stock in a transaction dated Tuesday, November 19th. The shares were acquired at an average cost of C$11.20 per share, for a total transaction of C$1,120,000.00.

Atrium Mortgage Investment Stock Performance

Shares of Atrium Mortgage Investment stock opened at C$11.19 on Thursday. The company has a 50 day moving average of C$11.35 and a 200-day moving average of C$11.18. The company has a market cap of C$498.18 million, a PE ratio of 10.74 and a beta of 1.21. Atrium Mortgage Investment Co. has a 1-year low of C$9.95 and a 1-year high of C$12.00. The company has a current ratio of 62.51, a quick ratio of 102.54 and a debt-to-equity ratio of 78.58.

Atrium Mortgage Investment Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Thursday, December 12th. Shareholders of record on Friday, November 29th will be given a $0.075 dividend. The ex-dividend date of this dividend is Friday, November 29th. This represents a $0.90 dividend on an annualized basis and a yield of 8.04%. Atrium Mortgage Investment’s dividend payout ratio is currently 86.54%.

Analysts Set New Price Targets

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

Atrium Mortgage Investment Company Profile

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.