Atlas Financial Holdings Inc. (AFH) Soars 13.54%

Atlas Financial Holdings Inc. (AFH) Soars 13.54%

Atlas Financial Holdings Inc. (AFH) had a good day on the market for Friday October 04 as shares jumped 13.54% to close at $0.37. About 116,337 shares traded hands on 311 trades for the day, compared with an average daily volume of n/a shares out of a total float of 11.94 million. After opening the trading day at $0.35, shares of Atlas Financial Holdings Inc. stayed within a range of $0.38 to $0.35.

With today’s gains, Atlas Financial Holdings Inc. now has a market cap of $4.48 million. Shares of Atlas Financial Holdings Inc. have been trading within a range of $11.39 and $0.33 over the last year, and it had a 50-day SMA of $n/a and a 200-day SMA of $n/a.

Atlas Financial Holdings Inc is engaged in the business of underwriting commercial automobile insurance in the United States. It focuses on the light commercial automobile sector, which includes taxi cabs, nonemergency para-transit, limousine, livery, and business auto. Its automobile insurance products provide insurance coverage in three major areas: liability, accident benefits, and physical damage. The company distributes their insurance products through a network of retail independent agents.

Atlas Financial Holdings Inc. is based out of Elk Grove Village, IL and has some 264 employees.

Atlas Financial Holdings Inc. is also a component of the Russell 2000. The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It’s maintained by Russell Investments, an industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.

Russell’s indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It’s a simple approach that gives a broad, unbiased look at the small-cap market as a whole.

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