Atlantic American Co. (NASDAQ:AAME – Get Free Report) shares crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $1.77 and traded as low as $1.66. Atlantic American shares last traded at $1.66, with a volume of 2,234 shares.
Analyst Upgrades and Downgrades
Separately, StockNews.com started coverage on shares of Atlantic American in a research note on Wednesday. They issued a “hold” rating for the company.
Read Our Latest Stock Report on Atlantic American
Atlantic American Trading Up 2.8 %
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 firm had revenue of $47.67 million during 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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