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Atlantic American reports Q1 loss but sees stock rise, with mixed financial metrics and a "hold" rating.
Atlantic American Corporation reported a Q1 loss of $0.04 per share, with negative financial metrics including a net margin of -3.72% and return on equity of -8.17%. Despite these figures, the stock saw a positive day, rising to $1.50. The company's market cap is $30.60 million, and StockNews.com issued a "hold" rating. Despite an annual loss increase, Atlantic American noted strong sales in its Medicare supplement business and is addressing profitability issues in the commercial automobile market.
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