(AAME) Atlantic American - Ratings and Ratios

Atlantic American Corporation is a US-based insurance provider operating through two main segments: American Southern and Bankers Fidelity. The company offers a diverse range of insurance products, including property and casualty insurance, life insurance, and health insurance. Its property and casualty insurance products cater to state governments, municipalities, and other organizations, while its life and health insurance products are marketed to individuals and groups. The companys insurance offerings are distributed through independent agents and brokers.

From a business perspective, Atlantic American Corporation has a long history dating back to 1937, and it is headquartered in Atlanta, Georgia. As a subsidiary of Atlantic American / Delta Group, the company has a established presence in the US insurance market. Its product portfolio includes specialized insurance products such as surety bond coverage, Medicare supplement insurance, and short-term care products. The companys ability to offer a range of insurance products positions it to capitalize on opportunities in the US insurance market.

Analyzing the , we observe that the stocks last price is $1.71, with a 20-day SMA of $1.64 and a 50-day SMA of $1.54, indicating a positive trend. The ATR is $0.13, representing a 7.38% volatility. The stocks 52-week high and low are $1.87 and $1.29, respectively. Based on this data, we can infer that the stock is experiencing a moderate uptrend.

Considering the , Atlantic American Corporation has a market capitalization of $36.32M USD and a negative RoE of -1.44, indicating that the company is currently unprofitable. The absence of P/E and P/E Forward values further suggests that the company is not generating earnings. This data implies that the companys financial performance is a concern.

Combining the insights from both technical and fundamental data, we forecast that Atlantic American Corporations stock price may experience a short-term correction due to the companys unprofitable financial performance. However, the stocks positive trend and moderate volatility suggest that it may be poised for a rebound if the company can improve its financials. A potential trading strategy could involve monitoring the stocks price action around the $1.64 (SMA20) and $1.54 (SMA50) levels, as a break above or below these levels could indicate a change in the stocks trend. In the short term, we predict that the stock price will trade between $1.60 and $1.80. To mitigate potential risks, investors should closely monitor the companys future financial reports and adjust their strategies accordingly.