StockNews.com Begins Coverage on Atlantic American (NASDAQ:AAME)

Date:



Stock analysts at StockNews.com initiated coverage on shares of Atlantic American (NASDAQ:AAMEGet Rating) in a report issued on Friday. The firm set a “hold” rating on the financial services provider’s stock.

Shares of NASDAQ:AAME opened at $3.03 on Friday. The company has a fifty day simple moving average of $2.87 and a 200 day simple moving average of $2.82. The firm has a market cap of $61.81 million, a PE ratio of 8.91 and a beta of 0.27. Atlantic American has a 12-month low of $2.12 and a 12-month high of $5.70.

CHOOSE YOUR CHOICE GIFT CARD OFFER TODAY

Atlantic American (NASDAQ:AAMEGet Rating) last announced its quarterly earnings results on Wednesday, May 11th. The financial services provider reported $0.07 earnings per share (EPS) for the quarter. The company had revenue of $51.61 million during the quarter. Atlantic American had a net margin of 3.74% and a return on equity of 2.16%.

Atlantic American Company Profile (Get Rating)

Atlantic American Corporation, through its subsidiaries, provides life and health, and property and casualty insurance products in the United States. The company operates through American Southern and Bankers Fidelity segments. It offers property and casualty insurance products, including business automobile insurance coverage for state governments, local municipalities, and other motor pools and fleets; and inland marine and general liability insurance products.

See Also



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.



Source link

CHOOSE YOUR CHOICE GIFT CARD OFFER TODAY

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Related articles

Mercury General Co. (NYSE:MCY) Short Interest Down 14.9% in September

Mercury General Co. (NYSE:MCY - Get Rating) was the recipient of a significant drop in short interest...

UWM unveils alternative to traditional lender title process

United Wholesale Mortgage (UWM) CEO Mat Ishbia announced three initiatives for brokers at AIME Fuse on Saturday....

Child Health Insurance Market Analysis & Forecast for Next 5 Years – InsuranceNewsNet

New Jersey, NJ -- (SBWIRE) -- 10/01/2022 -- A new intelligence report released by HTF MI...

Benefits of private health insurance IG News

Health care is one of the main concerns when it comes to living a long, healthy and...