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Atlas Financial Shares Down 42.6% Since SmarTrend's Sell Call (AFH)

By Amy Schwartz

SmarTrend identified a Downtrend for Atlas Financial (NASDAQ:AFH) on February 5th, 2018 at $19.33. In approximately 4 months, Atlas Financial has returned 42.56% as of today's recent price of $11.10.

Over the past year, Atlas Financial has traded in a range of $9.90 to $21.50 and is now at $11.15, 13% above that low. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.7% while the 200-day MA has slid 0.5%.

Atlas Financial Holdings Inc., through its subsidiaries, is a specialty commercial transportation insurer. The Company insures Taxi cabs, Limousines, Paratransit and other Business Automobiles across the country.

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

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

Keywords: spotlights atlas financial

Ticker(s): AFH