Press coverage about Atlas Financial (NASDAQ:AFH) has been trending positive recently, Accern reports. The research firm rates the sentiment of media coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Atlas Financial earned a media sentiment score of 0.29 on Accern’s scale. Accern also gave news coverage about the insurance provider an impact score of 47.0420144355914 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.

Here are some of the news articles that may have effected Accern Sentiment Analysis’s rankings:

Shares of AFH traded down $0.65 during mid-day trading on Friday, hitting $10.35. The company’s stock had a trading volume of 100,422 shares, compared to its average volume of 66,832. The company has a debt-to-equity ratio of 0.25, a current ratio of 0.56 and a quick ratio of 0.55. The stock has a market capitalization of $131.31 million, a P/E ratio of -2.86 and a beta of 1.11. Atlas Financial has a 1-year low of $8.05 and a 1-year high of $21.50.

Atlas Financial (NASDAQ:AFH) last posted its quarterly earnings results on Monday, August 6th. The insurance provider reported $0.47 EPS for the quarter, beating the consensus estimate of $0.44 by $0.03. The business had revenue of $56.73 million during the quarter, compared to analysts’ expectations of $57.30 million. Atlas Financial had a negative return on equity of 43.63% and a negative net margin of 16.52%. research analysts anticipate that Atlas Financial will post 1.7 EPS for the current year.

A number of research firms have weighed in on AFH. Boenning Scattergood cut Atlas Financial to a “hold” rating in a research report on Friday, April 27th. ValuEngine raised Atlas Financial from a “sell” rating to a “hold” rating in a research report on Thursday. Finally, Zacks Investment Research raised Atlas Financial from a “strong sell” rating to a “buy” rating and set a $12.00 price objective for the company in a research report on Wednesday, May 2nd. Three investment analysts have rated the stock with a hold rating and two have given a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus target price of $15.33.

In other Atlas Financial news, Director John Taylor Maloney Fitzgerald purchased 6,000 shares of Atlas Financial stock in a transaction dated Thursday, June 28th. The stock was acquired at an average cost of $8.90 per share, with a total value of $53,400.00. Following the acquisition, the director now directly owns 50,354 shares of the company’s stock, valued at $448,150.60. The purchase was disclosed in a filing with the SEC, which is available through the SEC website. 15.10% of the stock is owned by company insiders.

Atlas Financial Company Profile

Atlas Financial Holdings, Inc, through its subsidiaries, engages in underwriting commercial automobile insurance policies in the United States. Its automobile insurance products provide insurance coverage in three primary areas, including liability, accident benefits, and physical damage. The company focuses on the light commercial automobile sector, including taxi cabs, non-emergency para-transit, limousine, livery, and business autos.

Read More: What does relative strength index mean?

Insider Buying and Selling by Quarter for Atlas Financial (NASDAQ:AFH)

Receive News & Ratings for Atlas Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Atlas Financial and related companies with MarketBeat.com's FREE daily email newsletter.