American Coastal Insurance Corporation (NASDAQ:ACIC – Get Free Report)’s share price hit a new 52-week low during trading on Thursday following a dissappointing earnings announcement. American Coastal Insurance had a net margin of 30.31% and a return on equity of 28.28%. State of Wyoming purchased a new stake in American Coastal Insurance during the second quarter valued at about $59,000. About American Coastal Insurance(Get Free Report)American Coastal Insurance Company (NASDAQ:ACIC) is a specialized property and casualty insurer focused on coastal residential and commercial lines across the Southeastern United States. Featured StoriesReceive News & Ratings for American Coastal Insurance Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for American Coastal Insurance and related companies with MarketBeat.com's FREE daily email newsletter.