AmTrust Financial Services (NASDAQ:AFSI) : During the past 4 weeks, traders have been relatively bearish on AmTrust Financial Services (NASDAQ:AFSI), hence the stock is down -6.4% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -0.09% relative to the S&P 500. The stock has risen by 1.19% in the past week indicating that the buyers are active at lower levels, but the stock is down -4.89% in the past 4 weeks.
The company shares have dropped -25.67% from its 1 Year high price. On Aug 4, 2015, the shares registered one year high at $35.94 and the one year low was seen on Jun 27, 2016. The 50-Day Moving Average price is $25.41 and the 200 Day Moving Average price is recorded at $26.22.
The stock has recorded a 20-day Moving Average of 0.09% and the 50-Day Moving Average is 2.74%.
AmTrust Financial Services (NASDAQ:AFSI): stock turned positive on Friday. Though the stock opened at $24.43, the bulls momentum made the stock top out at $24.855 level for the day. The stock recorded a low of $24.2 and closed the trading day at $24.7, in the green by 1.69%. The total traded volume for the day was 811,988. The stock had closed at $24.29 in the previous days trading.
In an insider trading activity, The Officer (Evp – U.S. Commercial Lines), of Amtrust Financial Services, Inc., Saxon Michael J had unloaded 9,000 shares at $24.43 per share in a transaction on June 24, 2016. The total value of transaction was $219,870. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.
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.