Atlantic American (NASDAQ:AAME) Now Covered by StockNews.com

Analysts at StockNews.com started coverage on shares of Atlantic American (NASDAQ:AAME) in a report issued on Tuesday. The firm set a “hold” rating on the financial services provider’s stock.

Atlantic American Stock Performance

Shares of AAME stock opened at $1.65 on Tuesday. Atlantic American has a 52-week low of $1.43 and a 52-week high of $3.00. The firm has a market capitalization of $33.66 million, a PE ratio of -33.00 and a beta of 0.44. The stock has a fifty day simple moving average of $1.59 and a two-hundred day simple moving average of $1.80.

Atlantic American (NASDAQ:AAME) last issued its quarterly earnings data on Wednesday, August 14th. The financial services provider reported ($0.06) earnings per share for the quarter. The firm had revenue of $47.67 million for the quarter. Atlantic American had a negative net margin of 1.69% and a negative return on equity of 5.89%.

Atlantic American Company Profile

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.