Atlantic American (NASDAQ:AAME – Get Free Report) announced its quarterly earnings data on Tuesday. The financial services provider reported ($0.04) EPS for the quarter, Zacks reports. Atlantic American had a negative net margin of 3.72% and a negative return on equity of 8.17%.
Atlantic American Stock Up 29.9 %
Shares of AAME opened at $1.78 on Wednesday. Atlantic American has a 52-week low of $1.25 and a 52-week high of $2.84. The company has a 50-day simple moving average of $1.55 and a 200-day simple moving average of $1.58. The company has a market capitalization of $36.31 million, a PE ratio of -5.09 and a beta of 0.58.
Analyst Ratings Changes
Separately, StockNews.com started coverage on Atlantic American in a research note on Wednesday. They issued a “hold” rating on the stock.
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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