StockNews.com assumed coverage on shares of Atlantic American (NASDAQ:AAME – Free Report) in a research note issued to investors on Monday. The brokerage issued a hold rating on the financial services provider’s stock.
Atlantic American Trading Down 1.1 %
Atlantic American stock opened at $1.52 on Monday. The firm has a market capitalization of $31.07 million, a price-to-earnings ratio of -30.46 and a beta of 0.42. The firm’s fifty day moving average price is $1.67 and its two-hundred day moving average price is $2.12. Atlantic American has a 1-year low of $1.49 and a 1-year high of $3.00.
Atlantic American (NASDAQ:AAME – Get Free Report) last released its quarterly earnings results on Tuesday, May 14th. The financial services provider reported ($0.12) earnings per share (EPS) for the quarter. The company had revenue of $47.00 million for the quarter. Atlantic American had a negative net margin of 0.39% and a negative return on equity of 3.18%.
Institutional Inflows and Outflows
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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