StockNews.com began coverage on shares of Altisource Portfolio Solutions (NASDAQ:ASPS – Free Report) in a report published on Friday morning. The firm issued a sell rating on the business services provider’s stock.
Altisource Portfolio Solutions Stock Down 1.7 %
Altisource Portfolio Solutions stock opened at $1.17 on Friday. The stock has a 50-day moving average price of $1.15 and a 200 day moving average price of $1.42. The company has a market capitalization of $31.54 million, a price-to-earnings ratio of -0.53 and a beta of 0.95. Altisource Portfolio Solutions has a 52 week low of $0.99 and a 52 week high of $4.60.
Altisource Portfolio Solutions (NASDAQ:ASPS – Get Free Report) last announced its quarterly earnings data on Thursday, July 25th. The business services provider reported ($0.23) EPS for the quarter, beating the consensus estimate of ($0.27) by $0.04. The business had revenue of $36.86 million for the quarter, compared to analyst estimates of $38.32 million. Research analysts anticipate that Altisource Portfolio Solutions will post -0.83 EPS for the current fiscal year.
Institutional Investors Weigh In On Altisource Portfolio Solutions
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.
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