Somewhat Favorable Press Coverage Somewhat Unlikely to Impact Atlas Financial Holdings (AFH) Stock Price

Media stories about Atlas Financial Holdings (NASDAQ:AFH) have trended somewhat positive on Monday, according to Accern Sentiment Analysis. Accern identifies positive and negative news coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Atlas Financial Holdings earned a news sentiment score of 0.14 on Accern’s scale. Accern also gave media headlines about the insurance provider an impact score of 45.9311967297249 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.

These are some of the media headlines that may have effected Accern Sentiment’s scoring:

Shares of Atlas Financial Holdings (AFH) traded down $0.15 on Monday, reaching $19.05. 45,700 shares of the company traded hands, compared to its average volume of 47,349. Atlas Financial Holdings has a 12-month low of $12.15 and a 12-month high of $20.60. The company has a current ratio of 0.59, a quick ratio of 0.59 and a debt-to-equity ratio of 0.17.

A number of research analysts have recently weighed in on the stock. Boenning Scattergood restated a “buy” rating on shares of Atlas Financial Holdings in a report on Tuesday, November 7th. Zacks Investment Research downgraded shares of Atlas Financial Holdings from a “hold” rating to a “sell” rating in a report on Monday, October 16th. ValuEngine upgraded shares of Atlas Financial Holdings from a “sell” rating to a “hold” rating in a report on Friday, September 22nd. Finally, TheStreet upgraded shares of Atlas Financial Holdings from a “c” rating to a “b-” rating in a report on Friday, August 18th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and three have assigned a buy rating to the stock. The company has an average rating of “Hold” and a consensus price target of $18.67.

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In other Atlas Financial Holdings news, CEO Scott D. Wollney sold 7,556 shares of the firm’s stock in a transaction on Friday, November 10th. The shares were sold at an average price of $19.12, for a total value of $144,470.72. Following the sale, the chief executive officer now directly owns 345,151 shares in the company, valued at approximately $6,599,287.12. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Kingsway America Inc sold 20,000 shares of the firm’s stock in a transaction on Tuesday, August 22nd. The stock was sold at an average price of $16.20, for a total transaction of $324,000.00. The disclosure for this sale can be found here. Insiders sold a total of 176,040 shares of company stock worth $3,165,675 in the last quarter. Insiders own 12.70% of the company’s stock.

Atlas Financial Holdings Company Profile

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.

Insider Buying and Selling by Quarter for Atlas Financial Holdings (NASDAQ:AFH)

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