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Atlas Financial Holdings (AFH) Crumbles: Stock Falls by 8.3% - Tale of the Tape

Atlas Financial Holdings, Inc. ( AFH ) saw a big move last session, as the company's shares fell by over 8% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading below the volatile price range of $13.97 to $14.91 in the past one-month time frame.

Atlas Financial Holdings has seen a flat track record when it comes to current year estimate revisions over the past few weeks (no increase, no decrease), and the consensus for earnings hasn't been in a trend either. This recent price action is discouraging, so make sure to keep a close watch of this firm in the near future, and especially on earnings estimates following the recent slump.

AFH currently has a Zacks Rank #4 (Sell).

Some better-ranked stocks in the insurance sector include AmTrust Financial Services, Inc. ( AFSI ), Endurance Specialty Holdings Ltd. ( ENH ) and Federated National Holding Company ( FNHC ). All these stocks hold a Zacks Rank #1 (Strong Buy).

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ATLAS FINL HLDG (AFH): Free Stock Analysis Report

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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