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

StockNews.com started coverage on shares of Atlantic American (NASDAQ:AAME) in a research report released on Monday morning. The brokerage issued a hold rating on the financial services provider’s stock.

Atlantic American Trading Up 14.7 %

Shares of NASDAQ:AAME opened at $1.64 on Monday. Atlantic American has a 52 week low of $1.43 and a 52 week high of $3.00. The company’s 50 day moving average is $1.59 and its two-hundred day moving average is $1.85. The company has a market cap of $33.46 million, a PE ratio of -32.80 and a beta of 0.44.

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