Atlantic American (NASDAQ:AAME) Earns Hold Rating from Analysts at StockNews.com

Research analysts at StockNews.com started coverage on shares of Atlantic American (NASDAQ:AAMEGet Free Report) in a research report issued to clients and investors on Saturday. The firm set a “hold” rating on the financial services provider’s stock.

Atlantic American Stock Up 0.0 %

AAME opened at $1.39 on Friday. Atlantic American has a 12 month low of $1.25 and a 12 month high of $2.08. The company has a fifty day simple moving average of $1.50 and a 200 day simple moving average of $1.56. The stock has a market cap of $28.32 million, a P/E ratio of -3.97 and a beta of 0.44.

Atlantic American (NASDAQ:AAMEGet Free Report) last issued its quarterly earnings data on Tuesday, March 25th. The financial services provider reported ($0.04) earnings per share (EPS) for the quarter. The company had revenue of $49.04 million for the quarter. Atlantic American had a negative return on equity of 8.17% and a negative net margin of 3.72%.

Atlantic American Company Profile

(Get Free Report)

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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