Atlantic American Corporation is an insurance holding company, which operates in specialty markets within the life and health and property and casualty insurance industries. Co. conducts its operations primarily through its insurance subsidiaries: American Southern Insurance Co. and American Safety Insurance Co. (collectively American Southern); and Bankers Fidelity Life Insurance Co., Bankers Fidelity Assurance Co., and Atlantic Capital Life Assurance Co. (collectively Bankers Fidelity). American Southern operates in the property and casualty insurance market. Bankers Fidelity operates in the life and health insurance markets. We show 57 historical shares outstanding datapoints in our AAME shares outstanding history coverage, used to compute AAME market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing AAME market cap history over the course of time is important for investors
interested in comparing AAME's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of AAME versus a peer is one thing; comparing
AAME market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like AAME can fluctuate over the course of history.
With this page we aim to empower investors researching AAME by allowing them to research the AAME market cap history. |
Free AAME Email Alerts:
Video: The Importance of Market Cap
