Altisource Portfolio Solutions (NASDAQ:ASPS) Now Covered by StockNews.com

Equities researchers at StockNews.com initiated coverage on shares of Altisource Portfolio Solutions (NASDAQ:ASPS) in a note issued to investors on Wednesday. The brokerage set a “sell” rating on the business services provider’s stock.

Altisource Portfolio Solutions Stock Performance

NASDAQ:ASPS opened at $0.70 on Wednesday. Altisource Portfolio Solutions has a one year low of $0.43 and a one year high of $3.17. The business’s 50-day simple moving average is $0.74 and its 200 day simple moving average is $1.01. The stock has a market cap of $18.93 million, a price-to-earnings ratio of -0.49 and a beta of 0.90.

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.