Atlantic American (NASDAQ:AAME) was downgraded by investment analysts at TheStreet from a “c+” rating to a “d+” rating in a note issued to investors on Friday.
Shares of Atlantic American opened at $2.70 on Friday, MarketBeat reports. Atlantic American has a 52-week low of $2.65 and a 52-week high of $4.00.
Atlantic American (NASDAQ:AAME) last announced its quarterly earnings data on Monday, March 26th. The financial services provider reported ($0.16) earnings per share (EPS) for the quarter. Atlantic American had a negative net margin of 0.15% and a negative return on equity of 3.18%. The business had revenue of $48.83 million during the quarter.
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.
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