Altisource Portfolio Solutions S.A. (NASDAQ:ASPS) is scheduled to announce its earnings results before the market opens on Wednesday, August 9th. Analysts expect the company to announce earnings of $0.69 per share for the quarter.

Altisource Portfolio Solutions S.A. (NASDAQ ASPS) traded down 1.05% during mid-day trading on Tuesday, reaching $23.52. The company’s stock had a trading volume of 11,857 shares. Altisource Portfolio Solutions S.A. has a 12-month low of $16.17 and a 12-month high of $46.99. The firm’s 50 day moving average is $22.77 and its 200-day moving average is $25.75. The company has a market cap of $433.52 million, a PE ratio of 27.25 and a beta of 0.75.

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A number of analysts have recently commented on ASPS shares. Northland Securities cut Altisource Portfolio Solutions from an “outperform” rating to a “market perform” rating in a research report on Tuesday, May 2nd. Zacks Investment Research upgraded Altisource Portfolio Solutions from a “strong sell” rating to a “hold” rating in a research report on Wednesday, April 19th. TheStreet cut Altisource Portfolio Solutions from a “c” rating to a “d+” rating in a research report on Monday, May 15th. BidaskClub cut Altisource Portfolio Solutions from a “strong-buy” rating to a “buy” rating in a research report on Saturday, July 8th. Finally, ValuEngine upgraded Altisource Portfolio Solutions from a “buy” rating to a “strong-buy” rating in a research report on Friday, July 28th. Three research analysts have rated the stock with a hold rating, one has issued a buy rating and one has assigned a strong buy rating to the stock. The stock presently has an average rating of “Buy” and an average price target of $15.00.

In related news, major shareholder Deer Park Road Management Comp purchased 55,000 shares of the company’s stock in a transaction that occurred on Wednesday, May 10th. The shares were purchased at an average price of $18.92 per share, for a total transaction of $1,040,600.00. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 6.03% of the stock is currently owned by insiders.

About Altisource Portfolio Solutions

Altisource Portfolio Solutions SA is a marketplace and transaction solutions provider for the real estate, mortgage and consumer debt industries. The Company’s business processes, vendor and electronic payment management software and behavioral science-based analytics manage outcomes for marketplace participants.

Earnings History for Altisource Portfolio Solutions (NASDAQ:ASPS)

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