StockNews.com began coverage on shares of Atlantic American (NASDAQ:AAME – Free Report) in a report issued on Thursday. The firm issued a hold rating on the financial services provider’s stock.
Atlantic American Price Performance
Shares of NASDAQ:AAME opened at $1.69 on Thursday. Atlantic American has a 12 month low of $1.49 and a 12 month high of $3.00. The firm has a market capitalization of $34.48 million, a PE ratio of -33.80 and a beta of 0.41. The business has a 50-day moving average of $1.77 and a two-hundred day moving average of $2.24.
Atlantic American (NASDAQ:AAME – Get Free Report) last issued its quarterly earnings data on Tuesday, May 14th. The financial services provider reported ($0.12) earnings per share for the quarter. Atlantic American had a negative net margin of 0.39% and a negative return on equity of 3.18%. The business had revenue of $47.00 million for the quarter.
Hedge Funds 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.
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