StockNews.com assumed coverage on shares of Altisource Portfolio Solutions (NASDAQ:ASPS – Free Report) in a report released on Saturday. The firm issued a sell rating on the business services provider’s stock.
Altisource Portfolio Solutions Stock Down 8.6 %
NASDAQ ASPS opened at $0.72 on Friday. The stock has a market capitalization of $19.57 million, a PE ratio of -0.51 and a beta of 0.86. Altisource Portfolio Solutions has a 12-month low of $0.43 and a 12-month high of $3.70. The company has a 50 day moving average price of $0.87 and a two-hundred day moving average price of $1.13.
Institutional Investors Weigh In On Altisource Portfolio Solutions
An institutional investor recently raised its position in Altisource Portfolio Solutions stock. Deer Park Road Corp boosted its position in Altisource Portfolio Solutions S.A. (NASDAQ:ASPS – Free Report) by 0.7% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 4,277,138 shares of the business services provider’s stock after buying an additional 28,162 shares during the quarter. Altisource Portfolio Solutions makes up about 0.2% of Deer Park Road Corp’s holdings, making the stock its 2nd biggest position. Deer Park Road Corp owned about 15.86% of Altisource Portfolio Solutions worth $6,031,000 at the end of the most recent reporting period. 41.36% of the stock is owned by hedge funds and other institutional investors.
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.
See Also
- Five stocks we like better than Altisource Portfolio Solutions
- What does consumer price index measure?
- Buffett Takes the Bait; Berkshire Buys More Oxy in December
- Comparing and Trading High PE Ratio Stocks
- Top 3 ETFs to Hedge Against Inflation in 2025
- Dividend Payout Ratio Calculator
- These 3 Chip Stock Kings Are Still Buys for 2025
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.
