Is it Time to Dump Atlantic American Corporation (AAME) Stock After it Has Risen 2.61% in a Week?

Tuesday, September 20, 2022 01:37 PM | InvestorsObserver Analysts

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Is it Time to Dump Atlantic American Corporation (AAME) Stock After it Has Risen 2.61% in a Week?

Overall market sentiment has been neutral on Atlantic American Corporation (AAME) stock lately. AAME receives a Neutral rating from InvestorsObserver Stock Sentiment Indicator.

Atlantic American Corporation has a Neutral sentiment reading. Find out what this means for you and get the rest of the rankings on AAME!

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What is Stock Sentiment?

When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment. Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive. InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend. Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .

What's Happening With AAME Stock Today?

Atlantic American Corporation (AAME) stock has risen 3.96% while the S&P 500 is lower by -1.59% as of 12:20 PM on Tuesday, Sep 20. AAME has gained $0.12 from the previous closing price of $3.03 on volume of 2,450 shares. Over the past year the S&P 500 is down -11.93% while AAME is lower by -17.75%. AAME earned $0.11 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 27.39. To screen for more stocks like Atlantic American Corporation click here.

More About Atlantic American Corporation

Atlantic American Corp operates in specialty markets within the life and health and property and casualty insurance industries. It provides property and casualty insurance including bodily injury and property damage liability coverage, uninsured motorist coverage, and physical damage coverage for commercial accounts. It also provides tailored business automobile insurance coverage, on a multi-year contract basis, to state governments and local municipalities. The company's life and health operations offer a variety of life and supplemental health products including ordinary and term life insurance, Medicare supplement, and other health insurance. It earns revenue from the collection of premiums and investment income. Click Here to get the full Stock Report for Atlantic American Corporation stock.