Shares of Atlantic American Co. (NASDAQ:AAME) reached a new 52-week low during mid-day trading on Friday . The stock traded as low as $3.12 and last traded at $3.43, with a volume of 12,931 shares traded. The stock had previously closed at $3.49.

Separately, TheStreet cut Atlantic American from a “buy” rating to a “hold” rating in a research report on Friday, June 3rd.

The firm has a market capitalization of $72.48 million and a PE ratio of 80.45. The stock has a 50 day moving average of $4.01 and a 200-day moving average of $4.07.

Atlantic American (NASDAQ:AAME) last announced its earnings results on Wednesday, August 10th. The company reported $0.01 earnings per share 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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