Atrium Mortgage Investment (TSE:AI) Given a C$13.12 Price Target at Fundamental Research

Fundamental Research set a C$13.12 target price on Atrium Mortgage Investment (TSE:AI) in a report issued on Tuesday,BayStreet.CA reports. The brokerage currently has a buy rating on the stock.

Atrium Mortgage Investment Stock Performance

Shares of AI stock opened at C$11.55 on Tuesday. The stock’s 50-day moving average is C$11.72 and its two-hundred day moving average is C$11.57. The firm has a market cap of C$552.23 million, a price-to-earnings ratio of 11.21 and a beta of 0.76. Atrium Mortgage Investment has a 1 year low of C$9.97 and a 1 year high of C$12.05. The company has a debt-to-equity ratio of 67.69, a quick ratio of 102.54 and a current ratio of 3.15.

About Atrium Mortgage Investment

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.