Daily Progress: Altisource Portfolio Solutions S.A (ASPS) Gain 8.05, Closing at 0.55

Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

In the latest session, Altisource Portfolio Solutions S.A (NASDAQ: ASPS) closed at $0.55 up 8.05% from its previous closing price of $0.51. In other words, the price has increased by $8.05 from its previous closing price. On the day, 0.84 million shares were traded. ASPS stock price reached its highest trading level at $0.549 during the session, while it also had its lowest trading level at $0.4319.

Ratios:

For a deeper understanding of Altisource Portfolio Solutions S.A’s stock, let’s take a closer look at its various ratios.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, B. Riley FBR on January 31, 2020, initiated with a Buy rating and assigned the stock a target price of $30.

Compass Point Upgraded its Neutral to Buy on August 10, 2016, whereas the target price for the stock was revised from $23 to $31.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Mar 18 ’24 when Shepro William B bought 2,200 shares for $2.51 per share. The transaction valued at 5,522 led to the insider holds 723,248 shares of the business.

Shepro William B bought 2,200 shares of ASPS for $5,522 on Mar 14 ’24. The Chairman and CEO now owns 721,048 shares after completing the transaction at $2.51 per share.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ASPS now has a Market Capitalization of 14918472 and an Enterprise Value of 216879456. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.10. Its current Enterprise Value per Revenue stands at 1.415 whereas that against EBITDA is 35.271.

Stock Price History:

Over the past 52 weeks, ASPS has reached a high of $3.71, while it has fallen to a 52-week low of $0.49. The 50-Day Moving Average of the stock is -40.92%, while the 200-Day Moving Average is calculated to be -60.70%.

Shares Statistics:

For the past three months, ASPS has traded an average of 147.46K shares per day and 392760 over the past ten days. A total of 27.17M shares are outstanding, with a floating share count of 13.83M. Insiders hold about 49.11% of the company’s shares, while institutions hold 15.34% stake in the company. Shares short for ASPS as of 1732838400 were 927868 with a Short Ratio of 6.29, compared to 1730332800 on 752659. Therefore, it implies a Short% of Shares Outstanding of 927868 and a Short% of Float of 5.91.

Most Popular