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

Investment analysts at StockNews.com assumed coverage on shares of Atlantic American (NASDAQ:AAME) in a research report issued to clients and investors on Sunday. The brokerage set a “hold” rating on the financial services provider’s stock.

Atlantic American Trading Down 1.0 %

Shares of AAME stock opened at $1.68 on Friday. The stock has a 50 day moving average of $1.65 and a two-hundred day moving average of $1.66. Atlantic American has a 12 month low of $1.43 and a 12 month high of $3.00.

Atlantic American (NASDAQ:AAME) last released its quarterly earnings results on Wednesday, August 14th. The financial services provider reported ($0.06) earnings per share for the quarter. The business 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.