Shares of AmTrust Financial Services, Inc. (NASDAQ:AFSI) opened at $14.12, and ended -2.88% lower at $13.82. Nearly 1.49 million shares were traded by the close, lower than its average daily volume of 2.34 million shares.AmTrust Financial Services, Inc. (AFSI) Analyst Opinion
AmTrust Financial Services, Inc. has a consensus outperform rating from 6 Wall Street analysts, and the number of shares currently sold short amount to at least 21.08% of shares outstanding. The stock sank -8.6% last month and is down -49.53 this year. Wall Street is only getting more bullish on the stock, with 5 of analysts who cover AFSI having a buy-equivalent rating. Analysts have placed a $19.1 price target on AmTrust Financial Services, Inc., suggesting a 38.21% gain from recent close. It’s currently trading about -51.47% below its 52-week high.AmTrust Financial Services, Inc. Earnings Surprise
AmTrust Financial Services, Inc. (AFSI) surprised the stock market in its last reported earnings when it earned $0.4 a piece versus the consensus-estimated $0.36. Its revenue totaled $1.3 billion up 6.54% from the previous quarter.
This stock (AFSI) is ahead of its 52-week low with 17.12%. Its last month’s stock price volatility remained 5.13% which for the week stands at 2.88%. The share price has moved backward from its 20 days moving average, trading at a distance of -11.72% and stays -6.83% away from its 50 days moving average. Over the last five days, shares have faced -12.86% losses and now is down -33.1% since hitting its 200-day moving average of $18.01. AmTrust Financial Services, Inc. (AFSI) has made its way to a 12-month decline of -46.89%.
Turning to OFG Bancorp (NYSE:OFG), its shares were trading at $9.4 a retreat of $-0.35, on the trading floor. The stock, after opening at $9.6, touched a high of $9.65 before paring much of its gains. So far, analysts are sticking with their neutral recommendations with the consensus call at 2.5. OFG Bancorp has 1 buy ratings, 3 holds and 0 sells even after the stock tumbled -35.06% from its high of $14.48 to a $413.1 million market value through last close.OFG Bancorp (OFG) Consensus Price Target
The company’s consensus rating on Reuter’s scale remained unchanged from 2.5 to 2.5 during a month. Analysts set a 12-month price target of $12.5 a share. The target implies a 32.98% spike from where the shares are currently trading. Also, the current price highlights a discount of 48.94% to analysts’ high consensus price target.OFG Bancorp (NYSE:OFG) Intraday Trading
The counter witnessed a trading volume of 0.26 million shares versus an average volume of 0.21 million shares during last trading session. Its last month’s stock price volatility remained 3.19% which for the week approaches 3.67%. The lowest price the stock reached in the last trading day was $9.4 and compares with the $9.05 52-week low. The stock recovered 3.87% since its low point and has performed -28.24% year-to-date.