Atrium Mortgage Investment (TSE:AI) Given a C$12.82 Price Target at Fundamental Research

Atrium Mortgage Investment (TSE:AI) has been given a C$12.82 price objective by equities researchers at Fundamental Research in a note issued to investors on Tuesday,BayStreet.CA reports. The firm presently has a “buy” rating on the stock. Fundamental Research’s target price points to a potential upside of 9.39% from the stock’s current price.

Separately, Canaccord Genuity Group set a C$13.50 price objective on Atrium Mortgage Investment and gave the company a “buy” rating in a report on Friday, April 17th. One analyst has rated the stock with a Strong Buy rating and one has issued a Buy rating to the company. According to MarketBeat.com, Atrium Mortgage Investment presently has an average rating of “Strong Buy” and a consensus target price of C$13.16.

Atrium Mortgage Investment Trading Up 1.7%

TSE AI traded up C$0.20 on Tuesday, reaching C$11.72. The stock had a trading volume of 93,866 shares, compared to its average volume of 127,152. The firm has a market capitalization of C$564.75 million, a price-to-earnings ratio of 11.38 and a beta of 0.70. The company has a quick ratio of 102.54, a current ratio of 3.72 and a debt-to-equity ratio of 55.94. Atrium Mortgage Investment has a 12-month low of C$10.98 and a 12-month high of C$12.36. The stock has a fifty day moving average price of C$11.88 and a two-hundred day moving average price of C$11.82.

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.