Altisource Portfolio Solutions S.A (NASDAQ:ASPS) Is Looking Good Over The Long Term, Dropped Nearly -34.64% Over A Month.

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In last trading session, Altisource Portfolio Solutions S.A (NASDAQ:ASPS) saw 0.84 million shares changing hands with its beta currently measuring 0.94. Company’s recent per share price level of $0.55 trading at $0.04 or 8.05% at ring of the bell on the day assigns it a market valuation of $14.92M. That closing price of ASPS’s stock is at a discount of -574.55% from its 52-week high price of $3.71 and is indicating a premium of 10.91% from its 52-week low price of $0.49. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.31 million shares which gives us an average trading volume of 147.46K if we extend that period to 3-months.

Altisource Portfolio Solutions S.A (NASDAQ:ASPS) trade information

Upright in the green during last session for gaining 8.05%, in the last five days ASPS remained trading in the red while hitting it’s week-highest on Monday, 12/16/24 when the stock touched $0.55 price level, adding 26.67% to its value on the day. Altisource Portfolio Solutions S.A’s shares saw a change of -84.58% in year-to-date performance and have moved -25.80% in past 5-day. Altisource Portfolio Solutions S.A (NASDAQ:ASPS) showed a performance of -34.64% in past 30-days. Number of shares sold short was 0.93 million shares which calculate 6.19 days to cover the short interests.

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Altisource Portfolio Solutions S.A (ASPS) estimates and forecasts

Statistics highlight that Altisource Portfolio Solutions S.A is scoring comparatively higher than the scores of other players of the relevant industry. The company lost -61.34% of value to its shares in past 6 months, showing an annual growth rate of 58.70% while that of industry is -14.10. Apart from that, the company came raising its revenue forecast for fiscal year 2024. This year revenue growth is estimated to rise 13.06% from the last financial year’s standing.

2 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 44.91M for the same.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -51.44% during past 5 years. In 2024, company’s earnings growth rate is likely to be around 48.37% while estimates for its earnings growth in next 5 years are of 20.00%.

Altisource Portfolio Solutions S.A (NASDAQ:ASPS)’s Major holders

Insiders are in possession of 33.71% of company’s total shares while institution are holding 35.54 percent of that, with stock having share float percentage of 53.61%. Investors also watch the number of corporate investors in a company very closely, which is 35.54% institutions for Altisource Portfolio Solutions S.A that are currently holding shares of the company. DEER PARK ROAD CORP is the top institutional holder at ASPS for having 4.28 million shares of worth $6.03 million. And as of 2024-06-30, it was holding 15.1774 of the company’s outstanding shares.

The second largest institutional holder is NANTAHALA CAPITAL MANAGEMENT, LLC, which was holding about 1.09 million shares on 2024-06-30. The number of shares represents firm’s hold over 3.8714 of outstanding shares, having a total worth of $1.54 million.