In the last trading session, 0.16 million Altisource Portfolio Solutions S.A (NASDAQ:ASPS) shares changed hands as the company’s beta touched 0.88. With the company’s per share price at $0.66 changed hands at $0.05 or 8.20% during last session, the market valuation stood at $18.84M. ASPS’s last price was a discount, traded about -462.12% off its 52-week high of $3.71. The share price had its 52-week low at $0.43, which suggests the last value was 34.85% up since then. When we look at Altisource Portfolio Solutions S.A’s average trading volume, we note the 10-day average is 0.42 million shares, with the 3-month average coming to 164.78K.
Altisource Portfolio Solutions S.A (NASDAQ:ASPS) trade information
Instantly ASPS was in green as seen at the end of in last trading. With action -2.61%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -80.53%, with the 5-day performance at -2.61% in the red. However, in the 30-day time frame, Altisource Portfolio Solutions S.A (NASDAQ:ASPS) is -9.19% down. Looking at the short shares, we see there were 0.93 million shares sold at short interest cover period of 6.19 days.
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Altisource Portfolio Solutions S.A (ASPS) estimates and forecasts
Data shows that the Altisource Portfolio Solutions S.A share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot -51.54% over the past 6 months, a 58.70% in annual growth rate that is considerably higher than the industry average of -15.20%. Year-over-year growth is forecast to reach 11.81% up from the last financial year.
Consensus estimates given by 1 financial analysts project the company’s revenue in the current quarter to hit an average of 43.1M. The company’s revenue for the corresponding quarters a year ago was 34.16M. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 26.18%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -51.44%. The 2024 estimates are for Altisource Portfolio Solutions S.A earnings to increase by 58.70%, but the outlook for the next 5-year period is at 20.00% per year.
ASPS Dividends
Altisource Portfolio Solutions S.A is expected to release its next quarterly earnings report in January.
Altisource Portfolio Solutions S.A (NASDAQ:ASPS)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 33.71% of Altisource Portfolio Solutions S.A shares while 35.54% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 53.61%. There are 35.54% institutions holding the Altisource Portfolio Solutions S.A stock share, with DEER PARK ROAD CORP the top institutional holder. As of 2024-06-30, the company held 15.1774% of the shares, roughly 4.28 million ASPS shares worth $6.03 million.
NANTAHALA CAPITAL MANAGEMENT, LLC holds the second largest percentage of outstanding shares, with 3.8714% or 1.09 million shares worth $1.54 million as of 2024-06-30.
