Is This Stock a Screaming Buy: Atlas Financial Holdings, Inc. (NASDAQ:AFH)

Equity Research firms currently have a positive stance on shares of Atlas Financial Holdings, Inc. (NASDAQ:AFH). The majority of analysts covering the equity have a consensus Strong Buy recommendation on the stock, yielding a score of 1.30. This is based on the research brokerage reports taken into consideration by Thomson Reuters. Those same analysts are projecting that the stock will reach $21.00 on a short term basis.

At the time of writing, the stock was trading at $16.17. This represents a change from the opening price of 0.94%. In terms of performance, year to date, the stock is -19.25%. The monthly stock performance comes in at -8.33%. For the quarter, shares are performing at -7.11%. Weekly performance analysis shows the equity at 0.82%.

In taking a look at technical levels, shares are trading -3.20% away from the 50 day simple moving average and -7.25% away from the 200 day simple moving average. Based on a recent bid, the stock is trading -23.47% away from it’s 52- week high and 6.38% away from its 52 week low. After the recent moves, investors may also look to see if the stock has entered oversold or overbought territory and could be ripe for a bounce. As of writing, Atlas Financial Holdings, Inc.’s RSI stands at 42.39. In looking at volatility levels, the shares saw weekly volatility of 2.81% and 2.71% over the past month.

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