AmTrust Financial Services Target of Unusually Large Options Trading (AFSI)
AmTrust Financial Services Inc (NASDAQ:AFSI) was the target of some unusual options trading activity on Wednesday. Stock investors bought 73,833 call options on the company. This represents an increase of 1,886% compared to the average volume of 3,717 call options.
Shares of NASDAQ AFSI opened at $14.11 on Friday. AmTrust Financial Services has a one year low of $8.80 and a one year high of $14.74. The company has a current ratio of 0.52, a quick ratio of 0.54 and a debt-to-equity ratio of 0.52. The company has a market cap of $2.80 billion, a price-to-earnings ratio of 13.45 and a beta of 1.09.
A number of research analysts have commented on AFSI shares. BidaskClub upgraded shares of AmTrust Financial Services from a “strong sell” rating to a “sell” rating in a research report on Tuesday, September 25th. B. Riley increased their price target on shares of AmTrust Financial Services from $12.00 to $14.75 and gave the company a “neutral” rating in a research report on Tuesday, August 7th. Six analysts have rated the stock with a hold rating, The company presently has an average rating of “Hold” and an average target price of $14.88.
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AmTrust Financial Services Company Profile
AmTrust Financial Services, Inc provides property and casualty insurance in the United States and internationally. The company operates in three segments: Small Commercial Business, Specialty Risk and Extended Warranty, and Specialty Program. The Small Commercial Business segment offers workers' compensation insurance products; and commercial package, and other property and casualty insurance products, such as commercial property, general liability, inland marine, employment practices liability, commercial automobile, and umbrella coverage to small businesses.
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