Altisource Portfolio Solutions (NASDAQ:ASPS) Now Covered by Analysts at StockNews.com

StockNews.com started coverage on shares of Altisource Portfolio Solutions (NASDAQ:ASPS) in a report issued on Wednesday morning. The brokerage issued a sell rating on the business services provider’s stock.

Altisource Portfolio Solutions Trading Down 9.2 %

NASDAQ ASPS opened at $0.63 on Wednesday. The company has a market cap of $17.18 million, a P/E ratio of -0.44 and a beta of 0.90. Altisource Portfolio Solutions has a 1 year low of $0.43 and a 1 year high of $3.17. The company has a fifty day simple moving average of $0.73 and a 200 day simple moving average of $1.01.

About Altisource Portfolio Solutions

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.