Atlas Financial (AFH) Earning Somewhat Favorable Media Coverage, Analysis Finds

News coverage about Atlas Financial (NASDAQ:AFH) has been trending somewhat positive on Thursday, Accern reports. Accern identifies positive and negative press coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Atlas Financial earned a news sentiment score of 0.13 on Accern’s scale. Accern also assigned media stories about the insurance provider an impact score of 44.5025770296049 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.

Here are some of the news articles that may have impacted Accern Sentiment’s rankings:

A number of research firms recently commented on AFH. Boenning Scattergood reaffirmed a “buy” rating on shares of Atlas Financial in a research note on Tuesday, November 7th. Zacks Investment Research lowered shares of Atlas Financial from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, October 10th. ValuEngine raised shares of Atlas Financial from a “hold” rating to a “buy” rating in a research note on Friday, December 1st. Finally, TheStreet raised shares of Atlas Financial from a “c” rating to a “b-” rating in a research note on Friday, August 18th. One analyst has rated the stock with a hold rating and four have given a buy rating to the company. The stock presently has an average rating of “Buy” and a consensus target price of $18.67.

Atlas Financial (AFH) traded down $0.50 during mid-day trading on Thursday, hitting $18.35. 37,659 shares of the company traded hands, compared to its average volume of 45,776. The company has a debt-to-equity ratio of 0.17, a current ratio of 0.59 and a quick ratio of 0.59. Atlas Financial has a 1-year low of $12.15 and a 1-year high of $20.80.

In other news, Director Walter Frederick Walker sold 63,800 shares of the business’s stock in a transaction dated Tuesday, November 28th. The shares were sold at an average price of $20.04, for a total transaction of $1,278,552.00. Following the transaction, the director now owns 82,182 shares in the company, valued at approximately $1,646,927.28. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, Director Bruce Wayne Giles sold 7,776 shares of the company’s stock in a transaction dated Wednesday, November 8th. The shares were sold at an average price of $20.10, for a total transaction of $156,297.60. Following the completion of the sale, the director now directly owns 79,018 shares in the company, valued at approximately $1,588,261.80. The disclosure for this sale can be found here. In the last ninety days, insiders sold 166,826 shares of company stock valued at $3,320,800. 13.30% of the stock is owned by company insiders.

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Atlas Financial 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 (NASDAQ:AFH)

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