AMERISAFE Inc. (AMSF) Plunges 5.51% on December 13

AMERISAFE Inc. (AMSF) Plunges 5.51% on December 13

AMERISAFE Inc. (AMSF) had a rough trading day for Thursday December 13 as shares tumbled 5.51%, or a loss of $-3.49 per share, to close at $59.90. After opening the day at $60.08, shares of AMERISAFE Inc. traded as high as $61.14 and as low as $59.15. Volume was 86,492 shares over 1,091 trades, against an average daily volume of n/a shares and a total float of 19.27 million.

As a result of the decline, AMERISAFE Inc. now has a market cap of $1.15 billion.

The stock has a P/E Ratio of 23.

AMERISAFE Inc is a specialty provider of workers’ compensation insurance to employers engaged in hazardous industries, mainly construction, trucking, manufacturing, oil and gas and agriculture. The company generates a majority of its revenue in the form of premiums.

AMERISAFE Inc. is based out of DeRidder, LA and has some 438 employees. Its CEO is G. Janelle Frost.

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