AAMC Stock Summary and Trading Ideas (Altisource Asset Mgmt | AMEX:AAMC)

Altisource Asset Management Corp is an asset management company. It provides asset management, portfolio management, and corporate governance services to investment vehicles that own real estate-related assets. The firm's business is to provide its services to the client in a manner that builds long-term value and a stable income stream while generating management fees for the firm and developing additional investment strategies and vehicles.

Altisource Asset Mgmt trades on the AMEX stock market under the symbol AAMC.

As of March 31, 2023, AAMC stock price declined to $67.64 with 49,316 million shares trading.

AAMC has a market cap of $119.10 million. This is considered a Micro Cap stock.

In the last 3 years, AAMC stock traded as high as $78.40 and as low as $8.65.

The top ETF exchange traded funds that AAMC belongs to (by Net Assets): VXF.

AAMC has outperformed the market in the last year with a price return of +379.7% while the SPY ETF lost -9.5%. AAMC has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +234.0% and +29.3%, respectively, while the SPY returned +7.2% and +3.9%, respectively.

AAMC support price is $64.39 and resistance is $73.61 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that AAMC stock will trade within this expected range on the day.