AmTrust Financial Services (AFSI) Shares are Down -2.45%

AmTrust Financial Services (AFSI) has risen sharply, recording gains of 2.32% in the past 4 weeks. However, the stock has corrected -2.45% in the past 1 week, providing a good buying opportunity on dips. AmTrust Financial Services (AFSI) : During the past 4 weeks, traders have been relatively bearish on AmTrust Financial Services (AFSI), hence the stock is down -4.15% 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 -3.04% relative to the S&P 500.

AmTrust Financial Services (NASDAQ:AFSI): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $24.68 and $24.44 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $24.88. The buying momentum continued till the end and the stock did not give up its gains. It closed at $24.70, notching a gain of 0.45% for the day. The total traded volume was 839,651 . The stock had closed at $24.59 on the previous day.


The stock has recorded a 20-day Moving Average of 0.53% and the 50-Day Moving Average is 2.46%. AmTrust Financial Services, Inc. has dropped 4.44% during the last 3-month period . Year-to-Date the stock performance stands at -18.81%.

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.

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