Altisource Portfolio Solutions (NASDAQ:ASPS - Get Free Report) announced its earnings results on Thursday. The business services provider reported ($0.02) EPS for the quarter, Zacks reports.
Altisource Portfolio Solutions Stock Down 6.9 %
NASDAQ ASPS opened at $0.95 on Friday. The company has a 50 day moving average price of $0.81 and a 200 day moving average price of $0.83. Altisource Portfolio Solutions has a 52 week low of $0.22 and a 52 week high of $1.14. The firm has a market cap of $83.21 million, a PE ratio of -0.67 and a beta of 0.33.
Analysts Set New Price Targets
Separately, StockNews.com started coverage on shares of Altisource Portfolio Solutions in a research note on Sunday, April 27th. They set a "sell" rating for the company.
View Our Latest Report on Altisource Portfolio Solutions
Insiders Place Their Bets
In other news, CEO William B. Shepro acquired 210,498 shares of the stock in a transaction that occurred on Friday, March 28th. The shares were bought at an average cost of $0.48 per share, for a total transaction of $101,039.04. Following the acquisition, the chief executive officer now owns 310,498 shares in the company, valued at approximately $149,039.04. This represents a 210.50 % increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 2.30% of the company's stock.
Altisource Portfolio Solutions Company Profile
(
Get Free Report)
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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