Altisource Asset Management Corp (AMEX: AAMC) Drops -37.71% Over A Month, But Analysts Still See Upside Potential

Altisource Asset Management Corp (AMEX:AAMC) currently has a daily average trading volume of 17.36K but it saw 1799748 shares traded in last market. With a market cap of 4.72M USD, the company’s current market price of $1.85 came rising about 65.18 while comparing to the previous closing price of $1.12. In past 52 weeks, the stock remained buoying in the range of price level as high as $7.28 and as low as $1.05. In the recent trading on the day, stock has struck highest price mark of $1.165 while lowest mark touched by it was $1.98.

Taking a look at 20-day trading activity of Altisource Asset Management Corp (AAMC) gives us an average price of $2.1211, while its current price level is -74.59% below from 52-week high level whereas it is 76.19% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $2.3353 while that of 200 days or SMA-200 reads an average of $3.3251. A closer look into the stock’s movement over the week reveals that its volatility is standing at 24.45% during that period while stretching the period over a month that decreases to 16.32%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 45.55 which implies that the stock is in neutral territory.

Over the week, AAMC’s stock price is moving 51.64% up while it is -37.71% when we observe its performance for the past one month. Year-to-date it is -55.31% down and over the past year, the stock is showing a downside performance of -62.74%.

Currently, Altisource Asset Management Corp’s total number of outstanding shares is 2.55M. Company’s return on investment (ROI) stands at 7637.13% and return on equity (ROE) at -131.64%. It has a price to earnings ratio (P/E ratio) of 0.04. Stock has a price to book (P/B) ratio of 4.33. Its return on asset (ROA) is -53.06% on average.