Atlantic American (AAME) Stock Rating Upgraded by TheStreet

TheStreet upgraded shares of Atlantic American (NASDAQ:AAME) from a d+ rating to a c- rating in a research note issued to investors on Thursday morning.

Shares of NASDAQ:AAME traded down $0.38 on Thursday, reaching $3.22. 3,695 shares of the company’s stock were exchanged, compared to its average volume of 5,472. Atlantic American has a twelve month low of $2.20 and a twelve month high of $4.00.

Atlantic American (NASDAQ:AAME) last announced its earnings results on Tuesday, August 14th. The financial services provider reported $0.30 earnings per share (EPS) for the quarter. Atlantic American had a net margin of 0.79% and a negative return on equity of 3.74%. The firm had revenue of $49.44 million for the quarter.

About Atlantic American

Atlantic American Corporation, through its subsidiaries, provides life and health, and property and casualty insurance products in the United States. It operates through American Southern and Bankers Fidelity segments. The company offers property and casualty insurance products, including business automobile insurance coverage for state governments, local municipalities, and other motor pools and fleets; and inland marine and general liability insurance products.

Further Reading: Retained Earnings

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