Altisource Portfolio Solutions (NASDAQ:ASPS - Get Free Report) released its earnings results on Thursday, May 1st. The business services provider reported ($0.02) earnings per share (EPS) for the quarter, Zacks reports.
Altisource Portfolio Solutions Price Performance
NASDAQ:ASPS traded down $0.05 during mid-day trading on Thursday, reaching $0.93. The stock had a trading volume of 69,179 shares, compared to its average volume of 266,633. The stock has a market cap of $81.72 million, a P/E ratio of -0.66 and a beta of 0.33. The business's 50 day moving average is $0.82 and its 200 day moving average is $0.82. Altisource Portfolio Solutions has a fifty-two week low of $0.22 and a fifty-two week high of $1.14.
Analyst Upgrades and Downgrades
Separately, StockNews.com assumed coverage on Altisource Portfolio Solutions in a research report on Monday. They set a "sell" rating for the company.
View Our Latest Analysis on ASPS
Insiders Place Their Bets
In related news, CEO William B. Shepro acquired 210,498 shares of the business's stock in a transaction that occurred on Friday, March 28th. The shares were acquired at an average cost of $0.48 per share, with a total value of $101,039.04. Following the purchase, the chief executive officer now owns 310,498 shares of the company's stock, valued at approximately $149,039.04. The trade was a 210.50 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 2.30% of the company's stock.
Altisource Portfolio Solutions Company Profile
(
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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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