Atlantic American Corp. (AAME) Shares Down 0.9%
Shares of Atlantic American Corp. (NASDAQ:AAME) fell 0.9% during mid-day trading on Tuesday . The stock traded as low as $3.26 and last traded at $3.48, with a volume of 84,303 shares changing hands. The stock had previously closed at $3.51.
Separately, TheStreet cut shares of Atlantic American Corp. from a “buy” rating to a “hold” rating in a research report on Friday, June 3rd.
The stock’s 50 day moving average is $4.05 and its 200 day moving average is $4.08. The firm has a market cap of $71.25 million and a PE ratio of 79.09.
Atlantic American Corp. (NASDAQ:AAME) last released its quarterly earnings results on Wednesday, August 10th. The company reported $0.01 EPS for the quarter.
Atlantic American Corporation is a holding company that operates through its subsidiaries in specialty markets within the life and health, and property and casualty insurance industries. The Company’s principal operating subsidiaries are American Southern Insurance Company and American Safety Insurance Company (together known as American Southern) within the property and casualty insurance industry, and Bankers Fidelity Life Insurance Company and Bankers Fidelity Assurance Company (together known as Bankers Fidelity) within the life and health insurance industry.
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