Atlas Financial Holdings Inc (NASDAQ:AFH) traded up 6% on Thursday . The stock traded as high as $0.55 and last traded at $0.53, 177,573 shares changed hands during trading. A decline of 65% from the average session volume of 512,256 shares. The stock had previously closed at $0.50.

Separately, ValuEngine downgraded Zosano Pharma from a “buy” rating to a “hold” rating in a report on Wednesday, May 1st.

The firm has a fifty day simple moving average of $0.69.

A number of institutional investors have recently added to or reduced their stakes in AFH. Wedge Capital Management L L P NC increased its position in shares of Atlas Financial by 22.4% in the first quarter. Wedge Capital Management L L P NC now owns 135,208 shares of the insurance provider’s stock valued at $333,000 after buying an additional 24,776 shares in the last quarter. Dimensional Fund Advisors LP increased its position in shares of Atlas Financial by 6.0% in the fourth quarter. Dimensional Fund Advisors LP now owns 559,248 shares of the insurance provider’s stock valued at $4,524,000 after buying an additional 31,604 shares in the last quarter. Tieton Capital Management LLC increased its position in shares of Atlas Financial by 10.6% in the first quarter. Tieton Capital Management LLC now owns 845,925 shares of the insurance provider’s stock valued at $2,081,000 after buying an additional 81,205 shares in the last quarter. Finally, Punch & Associates Investment Management Inc. increased its position in shares of Atlas Financial by 20.3% in the first quarter. Punch & Associates Investment Management Inc. now owns 599,000 shares of the insurance provider’s stock valued at $1,474,000 after buying an additional 100,918 shares in the last quarter. 50.86% of the stock is owned by institutional investors.

About Atlas Financial (NASDAQ:AFH)

Atlas Financial Holdings, Inc, through its subsidiaries, engages in underwriting commercial automobile insurance policies in the United States. Its automobile insurance products provide insurance coverage in three primary areas, including liability, accident benefits, and physical damage. The company focuses on the light commercial automobile sector, including taxi cabs, non-emergency para-transit, limousine, livery, and business autos.

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