Atlas Financial (NASDAQ:AFH) was downgraded by stock analysts at TheStreet from a “c” rating to a “d” rating in a research note issued on Tuesday, April 3rd.
Other analysts have also issued research reports about the stock. Sandler O’Neill reiterated a “buy” rating and set a $24.00 price target on shares of Atlas Financial in a research report on Wednesday, January 10th. BidaskClub upgraded shares of Atlas Financial from a “hold” rating to a “buy” rating in a research report on Wednesday, January 24th. Boenning Scattergood reiterated a “hold” rating on shares of Atlas Financial in a research report on Tuesday, April 3rd. Zacks Investment Research lowered shares of Atlas Financial from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, February 20th. Finally, ValuEngine downgraded shares of Atlas Financial from a “sell” rating to a “strong sell” rating in a research note on Wednesday, March 7th. Two investment analysts have rated the stock with a sell rating, two have assigned a hold rating and two have issued a buy rating to the company. The company currently has an average rating of “Hold” and an average target price of $20.75.
Shares of NASDAQ:AFH opened at $10.65 on Tuesday. The company has a current ratio of 0.51, a quick ratio of 0.51 and a debt-to-equity ratio of 0.27. The company has a market cap of $127.73, a price-to-earnings ratio of -2.94 and a beta of 1.22. Atlas Financial has a 12-month low of $9.90 and a 12-month high of $21.50.
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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.
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