Altisource Portfolio Solutions S.A. (NASDAQ:ASPS – Get Free Report) was the recipient of a significant decrease in short interest in July. As of July 31st, there was short interest totalling 1,000,000 shares, a decrease of 8.3% from the July 15th total of 1,090,000 shares. Approximately 7.3% of the shares of the company are sold short. Based on an average daily volume of 122,100 shares, the short-interest ratio is currently 8.2 days.
Altisource Portfolio Solutions Stock Up 5.9 %
NASDAQ ASPS opened at $1.08 on Monday. The stock has a market capitalization of $29.12 million, a P/E ratio of -0.49 and a beta of 0.95. Altisource Portfolio Solutions has a 52-week low of $1.00 and a 52-week high of $4.70. The firm has a 50-day moving average price of $1.38 and a 200 day moving average price of $1.90.
Altisource Portfolio Solutions (NASDAQ:ASPS – Get Free Report) last posted its quarterly earnings results on Thursday, July 25th. The business services provider reported ($0.23) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.27) by $0.04. The firm had revenue of $36.86 million for the quarter, compared to analysts’ expectations of $38.32 million. On average, equities research analysts expect that Altisource Portfolio Solutions will post -0.83 earnings per share for the current fiscal year.
Institutional Inflows and Outflows
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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