ValuEngine downgraded Atlas Financial Holdings Inc (NASDAQ:AFH) to Sell in a report released today.

Yesterday Atlas Financial Holdings Inc (NASDAQ:AFH) traded 0.55% higher at $15.65. The company’s 50-day moving average is $16.53 and its 200-day moving average is $14.67. The last stock close price is up 24.74% from the 200-day moving average, compared to the S&P 500 which has increased 0.04% over the same time. 14,120 shares of the stock were exchanged, down from an average trading volume of 31,638

ValuEngine has downgraded Atlas Financial Holdings Inc (NASDAQ:AFH) to Sell in a report released on 06/16/2017.

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Atlas Financial Holdings Inc has a one year low of $12.15 and a 52 week high of $18.60 with a P/E ratio of 74.09 The company’s market cap is currently $0.

In addition to ValuEngine reporting its stock price target, a total of 4 brokers have issued a report on the company. The average stock price target is $23.50 with 3 brokers rating the stock a strong buy, 2 brokers rating the stock a buy, 0 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.

General Information About Atlas Financial Holdings Inc (NASDAQ:AFH)

Atlas Financial Holdings Inc formerly JJR VI Acquisition Corp is a Canada-based company. It is engaged in the business of providing commercial automobile insurance in the United States with a niche market orientation. The Company’s automobile insurance products provide coverage in three areas: liability, accident benefits and physical damage. Liability insurance provides coverage where the insured is responsible for an automobile accident, for the payment for injuries and property damage to third parties. Accident benefit policies or personal injury protection policies provide coverage for loss of income, medical and rehabilitation expenses for insured persons who are injured in an automobile accident, Physical damage coverages provide for the payment of damages to an insured automobile arising from a collision with another object or from other risks. In January 2013, the Company acquired Camelot Services Inc. and its insurance subsidiary, Gateway Insurance Company.

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