StockNews.com initiated coverage on shares of Altisource Portfolio Solutions (NASDAQ:ASPS – Free Report) in a research note issued to investors on Saturday. The brokerage issued a sell rating on the business services provider’s stock.
Altisource Portfolio Solutions Trading Down 1.0 %
NASDAQ ASPS opened at $0.71 on Friday. Altisource Portfolio Solutions has a 12-month low of $0.43 and a 12-month high of $3.55. The firm’s fifty day simple moving average is $0.87 and its two-hundred day simple moving average is $1.12. The firm has a market capitalization of $19.38 million, a P/E ratio of -0.50 and a beta of 0.86.
Institutional Trading of Altisource Portfolio Solutions
A hedge fund recently raised its stake in Altisource Portfolio Solutions stock. Deer Park Road Corp grew its stake in 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 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 period. Altisource Portfolio Solutions accounts for 0.2% of Deer Park Road Corp’s holdings, making the stock its 2nd biggest position. Deer Park Road Corp owned 15.86% of Altisource Portfolio Solutions worth $6,031,000 as of its most recent filing with the Securities and Exchange Commission. 41.36% of the stock is owned by 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.
Read More
- Five stocks we like better than Altisource Portfolio Solutions
- Canadian Penny Stocks: Can They Make You Rich?
- 3 Must-Hold Stocks with Double-Digit Upside for 2025
- Retail Stocks Investing, Explained
- Micron: Why Now Is the Time to Be Brave
- What is a Stock Market Index and How Do You Use Them?
- 3 Stocks That Wall Street Insiders Can’t Stop Buying
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.
