The market has been high on Atlantic American Corporation (AAME) stock recently. AAME gets a Bullish score from InvestorsObserver's Stock Sentiment Indicator.
What is Stock Sentiment?
Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score.
As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend.
Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish.
InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion.
For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.
What's Happening With AAME Stock Today?
Atlantic American Corporation (AAME) stock has gained 22.6% while the S&P 500 has fallen -0.61% as of 10:08 AM on Friday, Mar 19. AAME has risen $1.03 from the previous closing price of $4.54 on volume of 9,818,266 shares. Over the past year the S&P 500 has gained 62.27% while AAME has risen 153.18%. AAME earned $0.03 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 167.71.
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More About Atlantic American Corporation
Atlantic American Corp is a US-based holding company operating through its subsidiaries in specialty markets within the life and health and property and casualty insurance industries. The company 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 operation 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.
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