Atlas Financial Holdings, Inc. (NASDAQ:AFH) has a beta value of 1.31 and has seen 1,272,558 shares traded in the last trading session. The company, currently valued at $6.81 Million, closed the last trade at $0.57 per share which meant it lost -$0.1 on the day or -16.12% during that session. The AFH stock price is -329.83% off its 52-week high price of $2.45 and 45.61% above the 52-week low of $0.31. If we look at the company’s 10-day average daily trading volume, we find that it stood at 28.93 Million shares traded. The 3-month trading volume is 3.92 Million shares.
The consensus among analysts is that Atlas Financial Holdings, Inc. (AFH) is a Hold stock at the moment, with a recommendation rating of 3. None of the analysts rate the stock as a Sell, while none rate it as Overweight. 1 out of 1 have rated it as a Hold, with no one of them advising it as a Buy. None have rated the stock as Underweight. The expected earnings per share for the stock is $0.
Atlas Financial Holdings, Inc. (NASDAQ:AFH) trade information
Despite being -16.12% in the red today, the stock has traded in the green over the last five days, with the highest price hit on Monday, Jun 22 when the AFH stock price touched $0.96 or saw a rise of 40.6%. Year-to-date, Atlas Financial Holdings, Inc. shares have moved 32.11%, while the 5-day performance has seen it change -45.17%. Over the past 30 days, the shares of Atlas Financial Holdings, Inc. (NASDAQ:AFH) have changed 44.94%. Short interest in the company has seen 28.38 Million shares shorted with days to cover at 7.24.
Wall Street analysts have a consensus price target for the stock at $2.25, which means that the shares’ value could jump 294.74% from current levels. The projected low price target is $2.25 while the price target rests at a high of $2.25. In that case, then, we find that the current price level is +294.74% off the targeted high while a plunge would see the stock lose 294.74% from current levels.
Atlas Financial Holdings, Inc. (AFH) estimates and forecasts
1 analysts offering their estimates for the company have set an average revenue estimate of $49.24 Million for the current quarter. 1 have an estimated revenue figure of $47.05 Million for the next quarter concluding in June 01, 2019. Year-ago sales stood $57.19 Million and $56.73 Million respectively for this quarter and the next, and analysts expect sales will grow by -13.9% for the current quarter and -17.1% for the next.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -63.9% over the past 5 years. Earnings growth for 2020 is a modest -184.3% while over the next 5 years, the company’s earnings are expected to increase by 0%.