Atlas Financial (NASDAQ:AFH) Stock Price Crosses Below 200 Day Moving Average of $0.58
Shares of Atlas Financial Holdings Inc (NASDAQ:AFH) passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $0.58 and traded as low as $0.51. Atlas Financial shares last traded at $0.53, with a volume of 1,100 shares traded.
The firm has a 50-day simple moving average of $0.53 and a two-hundred day simple moving average of $0.58.
A number of hedge funds have recently bought and sold shares of the business. Renaissance Technologies LLC increased its position in Atlas Financial by 177.8% during the 2nd quarter. Renaissance Technologies LLC now owns 956,529 shares of the insurance provider’s stock worth $694,000 after buying an additional 612,211 shares during the period. RBF Capital LLC bought a new position in Atlas Financial during the 2nd quarter worth $145,000. Susquehanna International Group LLP increased its position in Atlas Financial by 68.0% during the 2nd quarter. Susquehanna International Group LLP now owns 76,301 shares of the insurance provider’s stock worth $55,000 after buying an additional 30,885 shares during the period. Cetera Advisor Networks LLC bought a new position in Atlas Financial during the 2nd quarter worth $51,000. Finally, A.R.T. Advisors LLC bought a new position in Atlas Financial during the 2nd quarter worth $29,000. Hedge funds and other institutional investors own 20.82% of the company’s stock.
Atlas Financial Holdings, Inc, through its subsidiaries, engages in underwriting commercial automobile insurance policies in the United States. Its automobile insurance products provide insurance coverage in three primary areas, including liability, accident benefits, and physical damage. The company focuses on the light commercial automobile sector, including taxi cabs, non-emergency para-transit, limousine, livery, and business autos.
Further Reading: What causes a stock to be most active?
Receive News & Ratings for Atlas Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Atlas Financial and related companies with MarketBeat.com's FREE daily email newsletter.