0.5750 -0.00 (-0.86%)
After hours: 7:05PM EST
|Bid||0.5750 x 1000|
|Ask||0.5790 x 900|
|Day's Range||0.5700 - 0.7200|
|52 Week Range||0.3300 - 10.1700|
|Beta (5Y Monthly)||0.95|
|PE Ratio (TTM)||N/A|
|Earnings Date||Mar 03, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||2.25|
Atlas Financial Holdings, Inc. (NASDAQ: AFH) ("Atlas" or the "Company") today announced a non-binding letter of intent with Buckle, a technology-driven financial services company, to purchase the stock of Atlas’ indirect subsidiary Gateway Insurance Company ("Gateway") and Gateway’s corporate charter and state licenses from its statutory rehabilitator ("Rehabilitator") in a collaborative transaction described further below, as an important next step in Atlas’ strategic plan. Buckle’s core business focuses on part-time transportation network company ("TNC") drivers and is complimentary to Atlas’ focus on full-time drivers in the Livery, Paratransit, Taxi and TNC segments.
Atlas Financial Holdings, Inc. (NASDAQ: AFH) ("Atlas" or the "Company") today announced that the Company promoted Joe Shugrue to Chief Operating Officer of Atlas. Mr. Shugrue was a founding member of Atlas and has been Vice President of Claims from the Company’s inception. In this newly created position, Mr. Shugrue will oversee the Company’s information technology, operations and underwriting and he will continue to maintain oversight of claims. Leslie DiMaggio, Vice President of Operations & IT resigned from Atlas to pursue another professional opportunity.
As previously disclosed, the Company earlier received notice from the Staff regarding its non-compliance with the Rule following the Company’s delay in the filing of its Annual Report on Form 10-K for the fiscal year ended December 31, 2018 and its Quarterly Reports on Form 10-Q for the quarters ended March 31, 2019 and June 30, 2019 (collectively, the “Periodic Reports”).
Atlas Financial Holdings, Inc. announced today that the firm of Baker Tilly Virchow Krause, LLP was engaged as the Company’s independent registered public accounting firm to audit the Company’s financial statements commencing with the fiscal year ended December 31, 2018.
Atlas Financial Holdings, Inc. (AFH) (“Atlas” or the “Company”) announced today that following a hearing before the Nasdaq Hearings Panel (the “Panel”) on September 19, 2019, it was granted its appeal with respect to the previously announced delisting notice. The Company will remain listed on The Nasdaq Capital Market subject to its timely compliance with certain conditions, including the filing of the Company’s Form 10-K for the fiscal year ended December 31, 2018 by January 31, 2020, and the filing of the Forms 10-Q for the quarterly periods ended March 31, June 30, and September 30, 2019 by February 28, 2020. In addition, the Panel granted the Company’s request to transfer the listing of its common stock from The Nasdaq Global Market to The Nasdaq Capital Market.
Yakima, WA, based Investment company Tieton Capital Management, LLC (Current Portfolio) buys Myriad Genetics Inc, sells Atlas Financial Holdings Inc, Helix Energy Solutions Group Inc, Stabilis Energy Inc during the 3-months ended 2019Q2, according to the most recent filings of the investment company, Tieton Capital Management, LLC. Continue reading...
American Financial (AFG) inked a deal with Atlas Financial per which its subsidiary National Interstate will be the exclusive underwriter of Atlas Financial's paratransit business.
Atlas Financial Holdings, Inc. (AFH) (“Atlas” or the “Company”) announced today that as an initial outcome of its strategic review, Atlas concluded that the utilization of its wholly owned Managing General Agency (“MGA”) operation to work with strategic external insurance and reinsurance partners will enable the Company to leverage its focus, experience and infrastructure to create value for stakeholders. A definitive agreement was executed effective June 10, 2019 between Atlas and American Financial Group, Inc. (AFG). Under this agreement Atlas will act as an underwriting manager for AFG’s National Interstate (“NATL”) subsidiary and transition new and renewal paratransit business to NATL paper for this book of business.
For many, the main point of investing in the stock market is to achieve spectacular returns. While the best companies...
Atlas Financial Holdings, Inc. (AFH) (“Atlas” or the “Company”) announced today that on May 14, 2019, it received a delinquency notification letter from Nasdaq stating that the Company was not in compliance with Nasdaq Listing Rule 5250(c)(1) because it had not timely filed its Quarterly Report on Form 10-Q for the quarter ended March 31, 2019 (the “Form 10-Q”). The Company has previously announced that it received a delinquency notification letter from Nasdaq on April 5, 2019 because the Company has failed to timely file its Annual Report on Form 10-K for the fiscal year ended December 31, 2018 (the “Form 10-K”), and Nasdaq has informed the Company that the Company must submit a plan of compliance (the “Plan”) by June 4, 2019 addressing how it intends to regain compliance with Nasdaq’s listing rules.
NEW YORK, NY / ACCESSWIRE / May 9, 2019 / Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Atlas Financial Holdings, Inc. (''Atlas'' or the ''Company'') ...
Atlas Financial Holdings, Inc. (AFH) (“Atlas” or the “Company”) today stated that the Company is continuing to explore strategic alternatives, including, but not limited to, further strengthening its processes, reviewing its capital allocation and opportunities, a potential sale of the Company or certain assets, and balance sheet strengthening options. To assist the company in its review, Atlas has retained Sandler O'Neill + Partners, L.P. as its financial advisor. As previously announced, the Company’s Board of Directors have formed a Special Committee of independent Directors that will examine the conclusions and recommendations of this work and along with management provide an update by mid-year.
NEW YORK, NY / ACCESSWIRE / April 9, 2019 / Pomerantz LLP is investigating claims on behalf of investors of Nutanix, Inc. (''Nutanix'' or the ''Company'') (AFH). Such investors are advised to contact Robert S. Willoughby at firstname.lastname@example.org or 888-476-6529, ext. The investigation concerns whether Nutanix and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
Atlas Financial Holdings, Inc. (AFH) (“Atlas” or the “Company”) announced today that on April 5, 2019, as anticipated, it received a delinquency notification letter from Nasdaq stating that the Company was not in compliance with Nasdaq Listing Rule 5250(c)(1), because it had not timely filed its Annual Report on Form 10-K for the fiscal year ended December 31, 2018 (the “Form 10-K”). The Company timely filed a Form 12b-25 Notification of Late Filing related to the Form 10-K, which resulted in an extended filing deadline for the Form 10-K of April 2, 2019. The Form 10-K was not filed with the SEC on April 2, 2019, as the Company’s outside independent auditors advised that they will require additional time to complete their work.
Atlas Financial Holdings, Inc. (AFH) (“Atlas” or the “Company”) today stated that additional time is needed for the Company to complete its Annual Report on Form 10-K for the fiscal year ended December 31, 2018. The Company previously filed Form 12b-25 to extend the filing deadline for its Form 10-K filing by an additional 15 calendar days. The Company’s outside independent auditors RSM US LLP advise that they will require additional time to complete their work.
NEW YORK , March 28, 2019 /PRNewswire/ -- Atlas Financial Holdings, Inc. (AFH) Lifshitz & Miller announces investigation into possible securities laws violations in connection with "actuarial work ...
AM Best has affirmed the Long-Term Issuer Credit Rating of “c” of Atlas Financial Holdings, Inc. , and the Financial Strength Rating of C and the Long-Term ICRs of “ccc” of American Service Insurance Company Inc.
Atlas Financial Holdings, Inc. announced today that the Company’s Chief Executive Officer, Scott D. Wollney will present at the CFA Society New York 23rd Annual Insurance Industry Conference, hosted by Raymond James, in New York City on Tuesday, March 19, 2019 at 10:50 AM ET.