Free Trial

Altisource Portfolio Solutions (NASDAQ:ASPS) Shares Pass Above Two Hundred Day Moving Average - Here's What Happened

Altisource Portfolio Solutions logo with Finance background

Key Points

  • Altisource Portfolio Solutions shares have recently surpassed their 200-day moving average, reaching a high of $11.79 and last trading at $11.50.
  • The stock's rating has been upgraded from "hold" to "buy" by Wall Street Zen, indicating increased analyst confidence.
  • The company reported a $0.14 EPS and generated $40.79 million in revenue during its last quarterly earnings announcement.
  • Five stocks we like better than Altisource Portfolio Solutions.

Altisource Portfolio Solutions S.A. (NASDAQ:ASPS - Get Free Report)'s share price crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $8.53 and traded as high as $11.79. Altisource Portfolio Solutions shares last traded at $11.50, with a volume of 13,977 shares changing hands.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen upgraded Altisource Portfolio Solutions from a "hold" rating to a "buy" rating in a research report on Saturday, July 26th.

Check Out Our Latest Research Report on Altisource Portfolio Solutions

Altisource Portfolio Solutions Stock Down 0.3%

The business has a 50 day moving average of $11.59 and a 200 day moving average of $8.66. The company has a market capitalization of $123.69 million, a P/E ratio of -2.58 and a beta of 0.30.

Altisource Portfolio Solutions (NASDAQ:ASPS - Get Free Report) last issued its quarterly earnings data on Thursday, July 24th. The business services provider reported $0.14 earnings per share (EPS) for the quarter. The company had revenue of $40.79 million for the quarter.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of ASPS. XTX Topco Ltd increased its holdings in Altisource Portfolio Solutions by 306.4% during the 1st quarter. XTX Topco Ltd now owns 80,818 shares of the business services provider's stock worth $55,000 after purchasing an additional 60,933 shares during the period. Jefferies Financial Group Inc. purchased a new position in Altisource Portfolio Solutions during the 1st quarter worth $214,000. Nantahala Capital Management LLC increased its holdings in Altisource Portfolio Solutions by 16.4% during the 1st quarter. Nantahala Capital Management LLC now owns 2,477,312 shares of the business services provider's stock worth $1,687,000 after purchasing an additional 349,028 shares during the period. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC purchased a new position in Altisource Portfolio Solutions during the 1st quarter worth $13,442,000. 41.36% of the stock is currently owned by hedge funds and other institutional investors.

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.

Further Reading

Should You Invest $1,000 in Altisource Portfolio Solutions Right Now?

Before you consider Altisource Portfolio Solutions, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Altisource Portfolio Solutions wasn't on the list.

While Altisource Portfolio Solutions currently has a Sell rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

A Guide To High-Short-Interest Stocks Cover

MarketBeat's analysts have just released their top five short plays for October 2025. Learn which stocks have the most short interest and how to trade them. Enter your email address to see which companies made the list.

Get This Free Report
Like this article? Share it with a colleague.