Altisource Portfolio Solutions (NASDAQ:ASPS – Get Free Report) announced its earnings results on Thursday. The business services provider reported ($0.20) EPS for the quarter, topping analysts’ consensus estimates of ($0.27) by $0.07, Zacks reports.
Altisource Portfolio Solutions Price Performance
Shares of NASDAQ:ASPS opened at $0.75 on Thursday. The business’s 50-day moving average is $0.77 and its 200 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. The firm has a market capitalization of $20.42 million, a P/E ratio of -0.53 and a beta of 0.87.
Analyst Ratings Changes
Separately, StockNews.com initiated coverage on shares of Altisource Portfolio Solutions in a research note on Monday. They set 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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