StockNews.com started coverage on shares of Atlantic American (NASDAQ:AAME – Free Report) in a research note released on Saturday. The brokerage issued a hold rating on the financial services provider’s stock.
Atlantic American Stock Performance
Shares of NASDAQ:AAME opened at $1.67 on Friday. The company’s 50-day moving average is $1.58 and its 200 day moving average is $1.94. The company has a market capitalization of $34.07 million, a P/E ratio of -33.40 and a beta of 0.44. Atlantic American has a fifty-two week low of $1.49 and a fifty-two week high of $3.00.
Atlantic American (NASDAQ:AAME – Get Free Report) last released its quarterly earnings data on Wednesday, August 14th. The financial services provider reported ($0.06) EPS for the quarter. The business 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%.
Institutional Investors Weigh In On Atlantic American
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.
Read More
- Five stocks we like better than Atlantic American
- Airline Stocks – Top Airline Stocks to Buy Now
- Is Merck Stock Undervalued After Its Colossal Earnings Growth?
- Investing In Preferred Stock vs. Common Stock
- Top 5 ETFs for Every Investor: From Semiconductors to Defense
- How to Capture the Benefits of Dividend Increases
- Blade Air Mobility: This Under-the-Radar Stock Could Double Soon
Receive News & Ratings for Atlantic American Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Atlantic American and related companies with MarketBeat.com's FREE daily email newsletter.