Shares of Altisource Asset Management Co. (NYSE:AAMC – Get Free Report) were down 9.6% during mid-day trading on Friday . The company traded as low as $1.25 and last traded at $1.31. Approximately 40,225 shares were traded during trading, an increase of 30% from the average daily volume of 30,877 shares. The stock had previously closed at $1.45.
Altisource Asset Management Trading Down 9.6 %
The stock’s 50-day moving average is $2.27 and its 200-day moving average is $2.73. The firm has a market capitalization of $3.35 million, a price-to-earnings ratio of 0.03 and a beta of 1.37.
Altisource Asset Management (NYSE:AAMC – Get Free Report) last released its quarterly earnings data on Wednesday, August 14th. The company reported ($0.85) earnings per share (EPS) for the quarter. The company had revenue of $0.04 million for the quarter.
About Altisource Asset Management
AAMC has historically been an asset management company that provides portfolio management and corporate governance services to investment vehicles but given the sale and discontinuance of certain operations the Company is in the process of repositioning itself. Additional information is available at www.altisourceamc.com.
Read More
- Five stocks we like better than Altisource Asset Management
- Comparing and Trading High PE Ratio Stocks
- Powering Your Portfolio: The Utility Sector’s Electrifying Surge
- Natural Gas Prices Continue To Rally, These Stocks Should Benefit
- Adobe Stock Builds Long-Term Value: Consider Buying on the Dip
- About the Markup Calculator
- Albemarle Jumps as Lithium Stock Buying Frenzy Takes Off
Receive News & Ratings for Altisource Asset Management Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Altisource Asset Management and related companies with MarketBeat.com's FREE daily email newsletter.
