Altisource Portfolio Solutions S.A. (NASDAQ:ASPS - Get Free Report)'s stock price crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $6.62 and traded as high as $9.25. Altisource Portfolio Solutions shares last traded at $8.53, with a volume of 26,041 shares trading hands.
Wall Street Analyst Weigh In
Separately, Wall Street Zen initiated coverage on Altisource Portfolio Solutions in a report on Wednesday, May 21st. They issued a "sell" rating for the company.
Get Our Latest Report on ASPS
Altisource Portfolio Solutions Stock Down 0.7%
The firm has a market capitalization of $94.85 million, a PE ratio of -1.05 and a beta of 0.03. The firm's 50 day moving average price is $7.60 and its two-hundred day moving average price is $6.62.
Altisource Portfolio Solutions (NASDAQ:ASPS - Get Free Report) last issued its quarterly earnings data on Thursday, May 1st. The business services provider reported ($0.16) EPS for the quarter.
Institutional Inflows and Outflows
Several institutional investors have recently modified their holdings of ASPS. Geode Capital Management LLC increased its holdings in Altisource Portfolio Solutions by 8.9% during the 4th quarter. Geode Capital Management LLC now owns 199,824 shares of the business services provider's stock worth $131,000 after purchasing an additional 16,390 shares during the last quarter. Nantahala Capital Management LLC grew its position in shares of Altisource Portfolio Solutions by 95.1% during the fourth quarter. Nantahala Capital Management LLC now owns 2,128,284 shares of the business services provider's stock worth $1,399,000 after buying an additional 1,037,275 shares in the last quarter. Integrated Wealth Concepts LLC bought a new stake in shares of Altisource Portfolio Solutions in the fourth quarter worth $302,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC bought a new stake in shares of Altisource Portfolio Solutions in the first quarter worth $13,442,000. Finally, XTX Topco Ltd raised its holdings in Altisource Portfolio Solutions by 306.4% in the first quarter. XTX Topco Ltd now owns 80,818 shares of the business services provider's stock valued at $55,000 after acquiring an additional 60,933 shares in the last quarter. Institutional investors and hedge funds own 41.36% of the company's stock.
About Altisource Portfolio Solutions
(
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.
Further Reading
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