Altisource Portfolio Solutions (NASDAQ:ASPS) Coverage Initiated at StockNews.com

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

Altisource Portfolio Solutions Trading Up 10.9 %

NASDAQ ASPS opened at $0.70 on Wednesday. Altisource Portfolio Solutions has a 12 month low of $0.43 and a 12 month high of $3.17. The stock has a market cap of $19.06 million, a price-to-earnings ratio of -0.49 and a beta of 0.90. The company’s 50 day moving average is $0.73 and its two-hundred day moving average is $1.01.

Altisource Portfolio Solutions Company Profile

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.