Atlantic American Co. (NASDAQ:AAME – Get Free Report)’s stock price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $1.70 and traded as low as $1.64. Atlantic American shares last traded at $1.64, with a volume of 452 shares.
Analyst Ratings Changes
Separately, StockNews.com initiated coverage on shares of Atlantic American in a report on Friday. They set a “hold” rating on the stock.
Get Our Latest Stock Analysis on AAME
Atlantic American Price Performance
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 return on equity of 5.89% and a negative net margin of 1.69%. The business had revenue of $47.67 million during 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.
Featured Stories
- Five stocks we like better than Atlantic American
- What Does Downgrade Mean in Investing?
- Why Meta’s Pre-Earnings Dip Could Be A Golden Entry Opportunity
- Election Stocks: How Elections Affect the Stock Market
- Spirit Airlines Stock Nearly Doubled: Are Clear Skies Ahead?
- Where to Find Earnings Call Transcripts
- Tesla Stock: Buy the Dips, Sell the Rips
Receive News & Ratings for Atlantic American Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Atlantic American and related companies with MarketBeat.com's FREE daily email newsletter.