StockNews.com assumed coverage on shares of Atlantic American (NASDAQ:AAME – Get Free Report) in a research report issued to clients and investors on Thursday. The brokerage set a “hold” rating on the financial services provider’s stock.
Atlantic American Price Performance
AAME opened at $1.53 on Thursday. The stock has a market capitalization of $31.22 million, a P/E ratio of -4.37 and a beta of 0.44. The company’s 50 day simple moving average is $1.57 and its 200-day simple moving average is $1.58. Atlantic American has a one year low of $1.25 and a one year high of $2.28.
Atlantic American (NASDAQ:AAME – Get Free Report) last announced its quarterly earnings data on Tuesday, March 25th. The financial services provider reported ($0.04) EPS for the quarter. The firm had revenue of $49.04 million during the quarter. Atlantic American had a negative net margin of 3.72% and a negative return on equity of 8.17%.
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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