StockNews.com Begins Coverage on Atlantic American (NASDAQ:AAME)
by Jessica Moore · The Cerbat GemStockNews.com assumed coverage on shares of Atlantic American (NASDAQ:AAME – Free Report) in a research note published on Tuesday. The firm issued a hold rating on the financial services provider’s stock.
Atlantic American Stock Up 0.6 %
Shares of Atlantic American stock opened at $1.66 on Tuesday. Atlantic American has a twelve month low of $1.43 and a twelve month high of $3.00. The company has a market cap of $33.86 million, a price-to-earnings ratio of -33.20 and a beta of 0.44. The company’s 50 day moving average is $1.59 and its 200 day moving average is $1.80.
Atlantic American (NASDAQ:AAME – Get Free Report) last issued its quarterly earnings results on Wednesday, August 14th. The financial services provider reported ($0.06) earnings per share for the quarter. Atlantic American had a negative net margin of 1.69% and a negative return on equity of 5.89%. The firm had revenue of $47.67 million for the quarter.
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.
See Also
- Five stocks we like better than Atlantic American
- What Are Dividend Champions? How to Invest in the Champions
- When Is the Best Time to Invest in Mutual Funds?
- What is Short Interest? How to Use It
- Is NVIDIA Stock in a Correction or Consolidation?
- What is the S&P 500 and How It is Distinct from Other Indexes
- 3 Oversold Stocks with Big RSI Rebound Potential