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Shares of AMSF Down 10.9% Since Downtrend Call on Shares

Jul 22, 2021 (SmarTrend(R) Spotlight via COMTEX) --

SmarTrend identified a Downtrend for Amerisafe Inc (NASDAQ:AMSF) on June 11th, 2021 at $62.29. In approximately 1 month, Amerisafe Inc has returned 10.87% as of today's recent price of $55.52.

In the past 52 weeks, Amerisafe Inc share prices have been bracketed by a low of $48.02 and a high of $80.65 and are now at $55.52, 16% above that low price. In the last five trading sessions, the 50-day moving average (MA) has fallen 0.8% while the 200-day MA has remained constant.

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 changes in momentum for shares of Amerisafe Inc.

Log in and add Amerisafe Inc (AMSF) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Write to SmarTrend at cs@mysmartrend.com

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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

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COMTEX_390254150/2476/2021-07-22T14:00:39

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