Atlantic American Corp. (AAME) Trading Up 6.1%
Atlantic American Corp. (NASDAQ:AAME)’s share price was up 6.1% during mid-day trading on Monday . The company traded as high as $4.29 and last traded at $3.98, with a volume of 101,292 shares. The stock had previously closed at $3.75.
Separately, TheStreet lowered Atlantic American Corp. from a “buy” rating to a “hold” rating in a report on Friday, June 3rd.
The stock has a market capitalization of $74.73 million and a PE ratio of 82.95. The stock’s 50-day moving average price is $4.05 and its 200 day moving average price is $4.08.
Atlantic American Corp. (NASDAQ:AAME) last posted its quarterly earnings data 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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