Zacks: Atlantic American Corporation (AAME) Given Average Recommendation of “” by Analysts

Shares of Atlantic American Corporation (NASDAQ:AAME) have received a consensus broker rating score of 0.00 () from the zero brokers that cover the company, Zacks Investment Research reports.

Zacks has also assigned Atlantic American Corporation an industry rank of 18 out of 265 based on the ratings given to its competitors.

A hedge fund recently raised its stake in Atlantic American Corporation stock. Northern Trust Corp raised its stake in Atlantic American Corporation (NASDAQ:AAME) by 5.4% during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 55,370 shares of the financial services provider’s stock after buying an additional 2,820 shares during the period. Northern Trust Corp owned 0.27% of Atlantic American Corporation worth $207,000 at the end of the most recent reporting period. Institutional investors own 5.11% of the company’s stock.

Atlantic American Corporation (NASDAQ AAME) traded down 5.88% on Wednesday, reaching $3.20. The company’s stock had a trading volume of 1,033 shares. The stock has a market cap of $65.32 million, a P/E ratio of 65.31 and a beta of 0.34. Atlantic American Corporation has a one year low of $3.06 and a one year high of $4.65. The stock has a 50-day moving average of $3.60 and a 200-day moving average of $3.73.

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About Atlantic American Corporation

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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