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TMCNet: Amerisafe Shares Up 32.1% Since SmarTrend's Buy Recommendation (AMSF)

[March 15, 2013]

Amerisafe Shares Up 32.1% Since SmarTrend's Buy Recommendation (AMSF)

Mar 15, 2013 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for Amerisafe (NASDAQ:AMSF) on November 29th, 2012 at $26.71. In approximately 4 months, Amerisafe has returned 32.09% as of today's recent price of $35.28.
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Amerisafe share prices have moved between a 52-week high of $35.49 and a 52-week low of $22.00 and are now trading 60% above that low price at $35.28 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 2.0% while the 200-day MA has risen 0.5%.

Amerisafe Inc. provides workers' compensation insurance focused on small to mid-sized employers involved in hazardous industries, principally construction, trucking, logging, agriculture, oil and gas, maritime, and sawmills.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Amerisafe shares.Log in and add Amerisafe (AMSF) 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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