Atlantic American Corporation (AAME) stock has gained 154.20% over the past week and gets a Bullish rating from InvestorsObserver's Sentiment Indicator.
What is Stock Sentiment?
Sentiment uses short term technical analysis to gauge whether a stock is desired by investors. As a technical indicator, it focuses on recent trends as opposed to the long term health of the underlying company. Updates for the company such as a earnings release can move the stock away from current trends.
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 is trading at $6.05 as of 9:55 AM on Friday, Feb 5, a rise of $3.66, or 153.14% from the previous closing price of $2.39. The stock has traded between $3.60 and $6.70 so far today. Volume today is above average. So far 1,765,954 shares have traded compared to average volume of 53,367 shares.
To see InvestorsObserver's Sentiment Score for Atlantic American Corporation click here.
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.
Click Here to get the full Stock Score Report on Atlantic American Corporation (AAME) Stock.
