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Amtrust Financial Services Shares Down 35.2% Since SmarTrend's Sell Call (AFSI)

By David Diaz

SmarTrend identified a Downtrend for Amtrust Financial Services (NASDAQ:AFSI) on January 20th, 2017 at $26.66. In approximately 2 months, Amtrust Financial Services has returned 35.22% as of today's recent price of $17.27.

Amtrust Financial Services share prices have moved between a 52-week high of $35.94 and the current low of $17.10 and are currently at $17.27 per share. In the last five trading sessions, the 50-day moving average (MA) has remained constant while the 200-day MA has slid 0.5%.

AmTrust Financial Services, Inc. offers insurance coverage. The Company offers property/casualty, workers' compensation, special risk, and warranty insurance, and extended service plans. The Company operates in the United States and the European Union, and reinsures risk worldwide.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Amtrust Financial Services.

Log in and add Amtrust Financial Services (AFSI) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights amtrust financial services

Ticker(s): AFSI