Atlantic American traded at $2.67 this Thursday March 5th, increasing $0.05 or 1.72 percent since the previous trading session. Looking back, over the last four weeks, Atlantic American gained 6.60 percent. Over the last 12 months, its price rose by 80.07 percent. Looking ahead, we forecast Atlantic American to be priced at 2.54 by the end of this quarter and at 2.31 in one year, according to Trading Economics global macro models projections and analysts expectations.
Atlantic American Corporation is a holding company that operates through its subsidiaries in specialty markets within the life and health, and property and casualty insurance industries. The Company’s principal operating subsidiaries are American Southern Insurance Company and American Safety Insurance Company (together known as American Southern) within the property and casualty insurance industry, and Bankers Fidelity Life Insurance Company and Bankers Fidelity Assurance Company (together known as Bankers Fidelity) within the life and health insurance industry. Each of American Southern and Bankers Fidelity is managed separately based upon the type of products it offers. American Southern's product lines include business automobile insurance policies, general liability insurance policies, property insurance policies and surety bonds. Products offered by Bankers Fidelity include ordinary and term life insurance, Medicare supplement and other accident and health insurance products.