Atlas Financial Holdings Inc. (NASDAQ:AFH) went up by 26.00% during the previous trading session, and it is maintaining the win ahead of Thursday’s trading session. The share price of the Insurance – Property & Casualty giant went up by $0.71 to trade ended Thursday trading at $0.56. This is up from the $0.56 price recorded on Wednesday’s trading session. Thanks to this latest performance, AFH is closer to the higher price 52-week target of $2.25 and further from the lowest price target of $2.25. Its performance from the start of the year has also been positive, with AFH up by 63.48% year-to-date.
Atlas Financial Holdings Inc. (AFH) started the day trading at $0.67 and recorded an intraday high of $0.9678. It also recorded an intraday low of $0.61 during Thursday’s trading session. Atlas Financial Holdings Inc. is a very active stock that recorded a trading volume that is more than 84.1% of the average daily trading volume on Thursday. The stock’s trading volume on Thursday was 27044659, which is more than 84.1 of the total average daily trading volume of 4.30 million.
Atlas Financial Holdings Inc. (NASDAQ:AFH) 2020 Performance Impressive
The increase in AFH’s stock price on Thursday saw its overall performance boost over the past few months. We can quantify the performance of the stock so far this year using a few metrics. The 52-week high price of AFH currently stands at $2.45, which is higher than the current trading price of the stock by 71.02%. However, AFH’s current trading price is -129.03% lower than the 52-week low price of $0.31. In terms of trading volume, Atlas Financial Holdings Inc. currently experienced healthy participation during the last trading session. 27044659 shares of Atlas Financial Holdings Inc. were traded on the stock exchange on Thursday, which is more than 84.1% of the 4.30 million average trading volume of the stock.
The performance of the stock has been positive over the past year. AFH’s performance over the past one year has seen it surge by 3.48%, while the stock has gone up by 34.40% in the last six months. The quarterly performance of AFH currently stands at 107.53%, and it is up by 60.40% in the last month. The only positive figure was from the weekly performance, which currently reads 13.39%. At the time of writing AFH’s report, the company has a total market cap of $8.93M, making it one of the largest publicly-traded companies in the world.Atlas Financial Holdings Inc. also has over 286 employees all over the world.
AFH Insider Activities
For Atlas Financial Holdings Inc., insiders hold 15.30% of all company shares. The insider transactions over the past six months are up by 7.20%. During that period, insiders bought 0 shares in 0 transactions. In that same period, insiders sold 0 of their shares in 0 transactions. After these transactions, insiders at Atlas Financial Holdings Inc. now hold 1.11M shares, which is over 16.21% of the total company stocks. Institutional investors currently hold a large chunk of the AFH shares, as they control 9.28% of the company’s total stock.
AFH Fundamental Analysis
For Atlas Financial Holdings Inc., the stock’s diluted earnings per share (EPS) stands at -8.63. The stock’s EPS growth this year is -184.30%, -63.90% in the previous five years. In terms the average annual revenue of -63.90% over the past half a decade.
The Return on Investment (ROI) on Atlas Financial Holdings Inc.’s stock currently stands at -260.50%, and it has a net profit margin of -54.80%. The operating margin of the company is -47.70%.
At the moment, Atlas Financial Holdings Inc.’s Total Debt to Equity ratio stands at 5.55, and they have a long-term Debt to Equity ratio of 5.55.
AFH Technical Analysis
The Simple Moving Average (SMA) is one of the most powerful technical indicators. The 20-day Simple Moving Average of AFH currently stands at 7.74%, while the SMA50 is 39.65%. The biggest one is the SMA200, which is currently reading 43.23% ahead of Thursday’s trading session. The Relative Strength Index of this stock is 55.56.