Altisource Asset Management Corp (NYSEMKT:AAMC) Announces Quarterly Earnings Results
Altisource Asset Management Corp (NYSEMKT:AAMC) released its quarterly earnings data on Tuesday. The asset manager reported ($1.15) earnings per share for the quarter, Morningstar.com reports.
Altisource Asset Management Corp (NYSEMKT AAMC) opened at 86.25 on Wednesday. The company has a 50-day moving average price of $90.90 and a 200 day moving average price of $78.35. The stock’s market capitalization is $134.03 million. Altisource Asset Management Corp has a 1-year low of $12.52 and a 1-year high of $96.70.
An institutional investor recently bought a new position in Altisource Asset Management Corp stock. Neuberger Berman Group LLC bought a new stake in shares of Altisource Asset Management Corp (NYSEMKT:AAMC) during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 2,500 shares of the asset manager’s stock, valued at approximately $228,000. Neuberger Berman Group LLC owned approximately 0.16% of Altisource Asset Management Corp at the end of the most recent reporting period.
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Altisource Asset Management Corp Company Profile
Altisource Asset Management Corporation provides asset management and corporate governance services to institutional investors. The Company’s primary client is Altisource Residential Corporation (Residential). The Company operates through segment, which is focused on providing asset management and certain corporate governance services to Residential.
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