Equities research analysts at StockNews.com began coverage on shares of Atlantic American (NASDAQ:AAME – Get Free Report) in a report issued on Saturday. The brokerage set a “hold” rating on the financial services provider’s stock.
Atlantic American Trading Up 2.5 %
AAME stock opened at $1.63 on Friday. Atlantic American has a 1 year low of $1.43 and a 1 year high of $3.00. The stock has a 50-day simple moving average of $1.64 and a 200-day simple moving average of $1.67.
Atlantic American (NASDAQ:AAME – Get Free Report) last released its quarterly earnings results on Wednesday, August 14th. The financial services provider reported ($0.06) earnings per share for the quarter. The firm had revenue of $47.67 million for the quarter. Atlantic American had a negative net margin of 1.69% and a negative return on equity of 5.89%.
Atlantic American Company Profile
Atlantic American Corporation, through its subsidiaries, provides life and health, and property and casualty insurance products in the United States. It operates through American Southern and Bankers Fidelity segments. The company offers property and casualty insurance products, including commercial automobile insurance coverage for state governments, local municipalities, and other motor pools and fleets; general liability; and inland marine insurance products.
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