Altisource Portfolio Solutions S.A (NASDAQ:ASPS) does about 164.78K shares in volume on a normal day but saw 155471 shares change hands in the recent trading day. The company now has a market cap of 19.44M USD. Its current market price is $0.66, marking an increase of 8.20% compared to the previous close of $0.61. The 52 week high reached by this stock is $3.71 whilst the lowest price level in 52 weeks is $0.43.
Altisource Portfolio Solutions S.A (ASPS) has a 20-day trading average at $0.7371 and the current price is -82.21% off the 52-week high compared with 52.81% distance from its 52-week low. The 50-day simple moving average of the closing price is $0.9081 and its 200-day simple moving average is $1.3758. If we look at the stock’s price movements over the week, volatility stands at 23.36%, which decreases to 13.88% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 44.85 to suggest the stock is neutral.
The consensus objective for the share price is $10.00, suggesting that the stock has a potential upside of 93.4% over the period.
The company shares received a number of brokerage firm price updates over the past month, with the latest being on January 31, 2020 when B. Riley FBR initiated the stock to “Buy” and issued a price target of $30. Compass Point upgraded its price target at $23-$31.
The current price level is -10.66%, -27.37%, and -52.03% away from its SMA20, SMA50, and SMA200 respectively, with the ASPS price moving above the 50-day SMA on current market day. Altisource Portfolio Solutions S.A (ASPS) stock is down -2.61% over the week and -9.19% over the past month. Its price is -80.53% year-to-date and -79.37% over the past year.
The company’s next earnings report forecasts estimating quarterly EPS at -0.27 and -0.76 for whole year. In addition, estimates put the company’s current quarterly revenue at an average of $43.1M.
To reach the target analysts have set, the stock logically needs to grow 93.4 percent from here.
The beta has a value of 0.88. Price to sales ratio is 0.12.
