Altisource Portfolio Solutions (NASDAQ:ASPS) Upgraded by Zacks Investment Research to Buy

Altisource Portfolio Solutions stock has undergone multiple analysts rating changes in the recent past.  Altisource Portfolio Solutions Upgraded by Zacks Investment Research on 10-12-21. In a note to investors, the firm issued a new rating of Buy. The analysts previously had rating of Hold.

Shares of Altisource Portfolio Solutions traded down -$0.03 on Tuesday, reaching $13.90. 0 shares of the stock traded hands, compared to its average volume of 111384. Shares of Altisource Portfolio Solutions were trading at $13.90 on Tuesday. The firm’s 50 day moving average is $10.07 and its 200 day moving average is $9.17.Altisource Portfolio Solutions has a 12 month low of $13.50 and a 12 month high of $14.76. While on yearly highs and lows, Altisource Portfolio Solutions’s today has traded high as $14.15 and has touched $13.50 on the downward trend. See More Analyst Rating at: RATING

Altisource Portfolio Solutions Earnings and What to expect: 

Altisource Portfolio Solutions last announced its quarterly earnings data on July 28th, 2021. The business services provider reported ($0.69) earnings per share for the quarter, topping the consensus estimate of ($0.83) by $0.14. The business had revenue of $43.97 million for the quarter, compared to analyst estimates of $51.08 million. Altisource Portfolio Solutions has generated ($4.31) earnings per share over the last year (($3.88) diluted earnings per share). Earnings for Altisource Portfolio Solutions are expected to grow in the coming year, from ($4.04) to ($1.65) per share. Altisource Portfolio Solutions has not formally confirmed its next earnings publication date, but the company’s estimated earnings date is Thursday, November 4th, 2021 based off prior year’s report dates.

Earnings for Altisource Portfolio Solutions are expected to grow in the coming year, from ($4.04) to ($1.65) per share. The P/E ratio of Altisource Portfolio Solutions is -3.58, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. The P/E ratio of Altisource Portfolio Solutions is -3.58, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Altisource Portfolio Solutions (NASDAQ:ASPS) Moving Average Technical Analysis

5 day Moving Average is $12.75 And 5 day price change is $3.91 (39.14%)  with average volume for 5 day average is 216,940. While technical analysis for average 20 days shows significant difference, 20 day moving average is  $10.76 and 20 day price change is $3.71 (36.41%) and average 20 day moving volume is 96,565. 50 day moving average is $10.07  and 50 day price change is $4.33 ( 45.25%)  and with average volume for 50 days is : 110,758. 200 day moving average is $9.17  and 200 day price change is $0.39 (2.89%)  and with average volume for 200 days is : 125,302.

Other owners latest trading in Altisource Portfolio Solutions :

  • On 9/17/2021 shares held by Virtu Financial LLC were 11,818 which equates to market value of $0.11M and appx 0.00% owners of Altisource Portfolio Solutions
  • On 8/23/2021 shares held by Morgan Stanley were 62,617 which equates to market value of $0.56M and appx 0.00% owners of Altisource Portfolio Solutions
  • On 8/17/2021 shares held by Invesco Ltd. were 18,410 which equates to market value of $0.16M and appx 0.00% owners of Altisource Portfolio Solutions
  • In total Institutional ownership equates to Institutional Ownership Percentage: 37.95% for Altisource Portfolio Solutions

See More Analyst Rating at: RATING