Altisource Portfolio Solutions S.A. (NASDAQ:ASPS - Get Free Report)'s share price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $6.82 and traded as high as $11.99. Altisource Portfolio Solutions shares last traded at $11.67, with a volume of 97,050 shares changing hands.
Analyst Ratings Changes
Separately, Wall Street Zen began coverage on Altisource Portfolio Solutions in a research report on Wednesday, May 21st. They issued a "sell" rating on the stock.
Check Out Our Latest Research Report on ASPS
Altisource Portfolio Solutions Trading Up 1.3%
The business has a 50-day moving average price of $8.17 and a 200-day moving average price of $6.92. The firm has a market cap of $152.12 million, a P/E ratio of -1.68 and a beta of 0.18.
Altisource Portfolio Solutions (NASDAQ:ASPS - Get Free Report) last posted its quarterly earnings results on Thursday, May 1st. The business services provider reported ($0.16) earnings per share (EPS) for the quarter.
Hedge Funds Weigh In On Altisource Portfolio Solutions
Hedge funds and other institutional investors have recently made changes to their positions in the company. Geode Capital Management LLC grew its position in shares of 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 buying an additional 16,390 shares in the last quarter. Nantahala Capital Management LLC lifted its stake in shares of Altisource Portfolio Solutions by 95.1% during the 4th quarter. Nantahala Capital Management LLC now owns 2,128,284 shares of the business services provider's stock worth $1,399,000 after purchasing an additional 1,037,275 shares during the last quarter. Integrated Wealth Concepts LLC purchased a new stake in shares of Altisource Portfolio Solutions during the 4th quarter worth $302,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC purchased a new stake in shares of Altisource Portfolio Solutions during the 1st quarter worth $13,442,000. Finally, XTX Topco Ltd lifted its stake in shares of 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 last quarter. Institutional investors own 41.36% 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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