Atrium Mortgage Investment (TSE:AI) Stock Price Crosses Above Fifty Day Moving Average – Should You Sell?

Atrium Mortgage Investment Co. (TSE:AIGet Free Report) crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of C$10.69 and traded as high as C$10.98. Atrium Mortgage Investment shares last traded at C$10.92, with a volume of 42,294 shares traded.

Wall Street Analyst Weigh In

Separately, Fundamental Research set a C$12.78 price objective on shares of Atrium Mortgage Investment and gave the stock a “buy” rating in a research report on Tuesday, March 11th.

Check Out Our Latest Stock Report on Atrium Mortgage Investment

Atrium Mortgage Investment Stock Down 0.2 %

The firm has a 50 day moving average of C$10.69 and a 200 day moving average of C$10.91. The firm has a market cap of C$517.92 million, a PE ratio of 10.37 and a beta of 1.21.

About Atrium Mortgage Investment

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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.

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