Mark Silver Acquires 2,854 Shares of Atrium Mortgage Investment Co. (TSE:AI) Stock

Atrium Mortgage Investment Co. (TSE:AI) Director Mark Silver purchased 2,854 shares of the firm’s stock in a transaction that occurred on Friday, October 4th. The stock was acquired at an average price 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 purchased 100,000 shares of Atrium Mortgage Investment stock. The stock was acquired at an average price of C$11.20 per share, for a total transaction of C$1,120,000.00.

Atrium Mortgage Investment Trading Up 0.4 %

Shares of Atrium Mortgage Investment stock opened at C$11.26 on Monday. The company has a market capitalization of C$501.30 million, a price-to-earnings ratio of 10.83 and a beta of 1.21. The company has a quick ratio of 102.54, a current ratio of 62.51 and a debt-to-equity ratio of 78.58. Atrium Mortgage Investment Co. has a 12-month low of C$9.95 and a 12-month high of C$12.00. The firm’s 50-day moving average price is C$11.32 and its two-hundred day moving average price is C$11.18.

Atrium Mortgage Investment Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Thursday, December 12th. Shareholders of record on Friday, November 29th will be paid a dividend of $0.075 per share. The ex-dividend date is Friday, November 29th. This represents a $0.90 dividend on an annualized basis and a yield of 7.99%. Atrium Mortgage Investment’s payout ratio is 86.54%.

Analysts Set New Price Targets

Separately, Fundamental Research set a C$13.03 price objective on shares of Atrium Mortgage Investment and gave the stock a “buy” rating in a research note 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.