Stock analysts at StockNews.com assumed coverage on shares of Altisource Portfolio Solutions (NASDAQ:ASPS – Get Free Report) in a research note issued to investors on Sunday. The firm set a “sell” rating on the business services provider’s stock.
Altisource Portfolio Solutions Stock Performance
Shares of ASPS stock opened at $0.74 on Friday. The stock has a fifty day simple moving average of $0.81 and a two-hundred day simple moving average of $1.08. The firm has a market capitalization of $20.05 million, a PE ratio of -0.52 and a beta of 0.90. Altisource Portfolio Solutions has a 52-week low of $0.43 and a 52-week high of $3.36.
Institutional Investors Weigh In On Altisource Portfolio Solutions
An institutional investor recently raised its position in Altisource Portfolio Solutions stock. Deer Park Road Corp increased its stake in shares of Altisource Portfolio Solutions S.A. (NASDAQ:ASPS – Free Report) by 0.7% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 4,277,138 shares of the business services provider’s stock after acquiring an additional 28,162 shares during the quarter. Altisource Portfolio Solutions comprises about 0.2% of Deer Park Road Corp’s portfolio, making the stock its 2nd largest holding. Deer Park Road Corp owned approximately 15.86% of Altisource Portfolio Solutions worth $6,031,000 as of its most recent filing with the SEC. 41.36% of the stock is owned by institutional investors and hedge funds.
About Altisource Portfolio Solutions
Altisource Portfolio Solutions SA operates as an integrated service provider and marketplace for the real estate and mortgage industries in the United States and internationally. It operates through Servicer and Real Estate, and Origination segments. The Servicer and Real Estate segment offers property preservation, inspection, title insurance and settlement, real estate valuation, foreclosure trustee, and residential and commercial construction inspection and risk mitigation services.
Read More
- Five stocks we like better than Altisource Portfolio Solutions
- Comparing and Trading High PE Ratio Stocks
- Build-Your-Bowl Battle: CAVA, Chipotle, and Sweetgreen Face Off
- Dividend Payout Ratio Calculator
- Insiders Are Loading Up: 3 Key Stock Picks for Investors
- Short Selling: How to Short a Stock
- How Cigna Remains at the Top of the Health Insurance Food Chain
Receive News & Ratings for Altisource Portfolio Solutions Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Altisource Portfolio Solutions and related companies with MarketBeat.com's FREE daily email newsletter.
