StockNews.com began coverage on shares of Atlantic American (NASDAQ:AAME – Get Free Report) in a research report issued to clients and investors on Sunday. The firm set a “hold” rating on the financial services provider’s stock.
Atlantic American Trading Up 2.6 %
NASDAQ:AAME opened at $1.69 on Friday. The company has a market cap of $34.52 million, a PE ratio of -9.95 and a beta of 0.46. Atlantic American has a twelve month low of $1.43 and a twelve month high of $3.00. The company’s 50 day moving average is $1.65 and its two-hundred day moving average is $1.67.
Atlantic American (NASDAQ:AAME – Get Free Report) last announced its quarterly earnings data on Wednesday, August 14th. The financial services provider reported ($0.06) EPS for the quarter. Atlantic American had a negative net margin of 1.69% and a negative return on equity of 5.89%. The business had revenue of $47.67 million for the quarter.
About Atlantic American
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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