Altisource Portfolio Solutions (NASDAQ:ASPS – Get Free Report) announced its earnings results on Thursday. The business services provider reported ($0.20) earnings per share for the quarter, beating the consensus estimate of ($0.27) by $0.07, Zacks reports.
Altisource Portfolio Solutions Price Performance
ASPS opened at $0.75 on Thursday. The firm has a market capitalization of $20.42 million, a PE ratio of -0.53 and a beta of 0.87. The business’s 50-day moving average is $0.77 and its two-hundred day moving average is $0.91. Altisource Portfolio Solutions has a 1 year low of $0.43 and a 1 year high of $2.75.
Wall Street Analyst Weigh In
Separately, StockNews.com began coverage on shares of Altisource Portfolio Solutions in a research note on Monday. They issued a “sell” rating for the company.
Altisource Portfolio Solutions Company Profile
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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