Atlas Financial Holdings, Inc. (AFH) was a big mover last session, as its shares rose almost 9% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company, as the stock is now up over 17% in the past one-month time frame.
Over the last 30 days, the company witnessed one negative and one positive estimate revision while the Zacks Consensus Estimate moved lower, signaling trouble down the road. So make sure to keep an eye on this stock going forward to see if yesterday’s move higher lasts.
Atlas Financial Holdings currently carries a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
Other better-ranked insurance stocks include Arch Capital Group Ltd. (ACGL), Selective Insurance Group Inc. (SIGI) and Navigators Group Inc. (NAVG). All three sport a Zacks Rank #1 (Strong Buy).
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(We are reissuing this article to correct a mistake. The original article, issued earlier today, should no longer be relied upon.)
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