Altisource Portfolio Solutions S.A (NASDAQ: ASPS) is -73.66% lower on its value in year-to-date trading and has touched a low of $0.70 and a high of $4.60 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The ASPS stock was last observed hovering at around $0.84 in the last trading session, with the day’s gains setting it 0.1%.
Currently trading at $0.94, the stock is 3.85% and -11.23% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.19 million and changing 11.63% at the moment leaves the stock -40.18% off its SMA200. ASPS registered -78.83% loss for a year compared to 6-month loss of -47.32%. The firm has a 50-day simple moving average (SMA 50) of $1.0614 and a 200-day simple moving average (SMA200) of $1.57595.
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The stock witnessed a -23.76% gain in the last 1 month and extending the period to 3 months gives it a -18.46%, and is 11.63% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 13.44% over the week and 13.50% over the month.
Altisource Portfolio Solutions S.A (ASPS) has around 1071 employees, a market worth around $25.49M and $162.23M in sales. Profit margin for the company is -24.67%. Distance from 52-week low is 33.96% and -79.62% from its 52-week high.
The EPS is expected to grow by 48.37% this year
39.0 institutions hold shares in Altisource Portfolio Solutions S.A (ASPS), with institutional investors hold 53.61% of the company’s shares. The shares outstanding are 26.50M, and float is at 13.83M with Short Float at 6.69%. Institutions hold 35.54% of the Float.
The top institutional shareholder in the company is DEER PARK ROAD CORP with over 4.28 million shares valued at $6.03 million. The investor’s holdings represent 15.1774 of the ASPS Shares outstanding. As of 2024-06-30, the second largest holder is NANTAHALA CAPITAL MANAGEMENT, LLC with 1.09 million shares valued at $1.54 million to account for 3.8714 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 0.77 million shares representing 2.7461 and valued at over $1.09 million, while FOUNDRY PARTNERS, LLC holds 2.1624 of the shares totaling 0.61 million with a market value of $0.86 million.
Altisource Portfolio Solutions S.A (ASPS) Insider Activity
The most recent transaction is an insider purchase by Shepro William B, the company’s Chairman and CEO. SEC filings show that Shepro William B bought 2,200 shares of the company’s common stock on Mar 18 ’24 at a price of $2.51 per share for a total of $5522.0. Following the purchase, the insider now owns 0.72 million shares.
Altisource Portfolio Solutions S.A disclosed in a document filed with the SEC on Mar 14 ’24 that Shepro William B (Chairman and CEO) bought a total of 2,200 shares of the company’s common stock. The trade occurred on Mar 14 ’24 and was made at $2.51 per share for $5522.0. Following the transaction, the insider now directly holds 0.72 million shares of the ASPS stock.
