Atrium Mortgage Investment (TSE:AI) Given a C$12.78 Price Target by Fundamental Research Analysts

Atrium Mortgage Investment (TSE:AI) has been given a C$12.78 target price by stock analysts at Fundamental Research in a research note issued to investors on Tuesday,BayStreet.CA reports. The brokerage presently has a “buy” rating on the stock. Fundamental Research’s price target points to a potential upside of 22.06% from the company’s previous close.

Atrium Mortgage Investment Stock Down 2.1 %

AI traded down C$0.23 during trading hours on Tuesday, reaching C$10.47. 101,088 shares of the company’s stock traded hands, compared to its average volume of 97,272. The firm has a market capitalization of C$496.58 million, a PE ratio of 9.94 and a beta of 1.21. Atrium Mortgage Investment has a 52-week low of C$10.31 and a 52-week high of C$12.00. The firm has a 50-day moving average price of C$10.83 and a 200 day moving average price of C$11.16.

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.