AmTrust Financial Services (AFSI) : Traders are bullish on AmTrust Financial Services (AFSI) as it has outperformed the S&P 500 by a wide margin of 5.56% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.41%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 0.95% in the last 1 week, and is up 3.42% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The stock has recorded a 20-day Moving Average of 1.29% and the 50-Day Moving Average is 4.1%.The 200 Day SMA reached 1.43% AmTrust Financial Services, Inc. is up 6.89% in the last 3-month period. Year-to-Date the stock performance stands at -12.53%.
AmTrust Financial Services (AFSI) : 3 investment research analysts covering AmTrust Financial Services (AFSI) have an average price target of $37.33 for the near short term. The highest target price given by the Brokerage Firm to the stock is $43 and the lowest target is $33 for the short term. Analysts expect the variance to be within $5.13 of the average price.
For the current week, the company shares have a recommendation consensus of Buy. AmTrust Financial Services (NASDAQ:AFSI): stock was range-bound between the intraday low of $26.31 and the intraday high of $26.67 after having opened at $26.67 on Fridays session. The stock finally closed in the red at $26.67, a loss of -0.41%. The stock remained in the red for the whole trading day. The total traded volume was 1,278,196 shares. The stock failed to cross $26.67 in Fridays trading. The stocks closing price on Thursday was $26.61.
Amtrust Financial Services, Inc. is an insurance holding company. Through its wholly owned subsidiaries, the Company provides specialty property and casualty insurance focusing on workers compensation and commercial package coverage for small business, specialty risk and extended warranty coverage, and property and casualty coverage for middle market business. The Company operates through three segments. The Small Commercial Business segment provides workers compensation and commercial package and other property and casualty insurance products. The Specialty Risk and Extended Warranty segment provides coverage for consumer and commercial goods and custom designed coverages, such as accidental damage plans and payment protection plans. The Specialty Program segment provides workers compensation, package products, general liability, commercial auto liability, excess and surplus lines programs and other specialty commercial property and casualty insurance.