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TMCNet:  Amtrust Financial Services Has Returned 14.8% Since SmarTrend Recommendation (AFSI)

[January 04, 2013]

Amtrust Financial Services Has Returned 14.8% Since SmarTrend Recommendation (AFSI)

Jan 04, 2013 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for Amtrust Financial Services (NASDAQ:AFSI) on November 6th, 2012 at $26.08. In approximately 2 months, Amtrust Financial Services has returned 14.82% as of today's recent price of $29.94.

Amtrust Financial Services share prices have moved between a 52-week high of $30.09 and a 52-week low of $20.00 and are now trading 50% above that low price at $29.94 per share. Over the last five market days, the 200-day moving average (MA) has gone up 0.3% while the 50-day MA has advanced 0.9%.

AmTrust Financial Services, Inc. offers insurance coverage. The Company offers property/casualty, workers' compensation, special risk, and warranty insurance, and extended service plans. The Company operates in the United States and the European Union, and reinsures risk worldwide.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Amtrust Financial Services shares.Log in and add Amtrust Financial Services (AFSI) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Write to Chip Brian at cbrian@mysmartrend.com --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup

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