ASPS Stock Summary and Trading Ideas (Altisource Portfolio Solutions S.A. | NASDAQ:ASPS)

Altisource Portfolio Solutions SA is an integrated service provider and marketplace for the real estate and mortgage industries. It operates via two reportable segments namely Servicer and Real Estate and Origination. The Servicer and Real Estate segment provides loan servicers and real estate investors with solutions and technologies that span the mortgage and real estate lifecycle. The Origination segment provides originators with solutions and technologies that span the mortgage origination lifecycle. Altisource primarily serves financial institutions, government-sponsored enterprises, and originators in the United States, with the majority of revenue flowing from field services and mortgage and real estate solutions.

Altisource Portfolio Solutions S.A. trades on the NASDAQ stock market under the symbol ASPS.

As of February 10, 2025, ASPS stock price climbed to $0.95 with 74,781 million shares trading.

ASPS has a beta of -0.45, meaning it tends to be less sensitive to market movements. ASPS has a correlation of 0.00 to the broad based SPY ETF.

ASPS has a market cap of $25.82 million. This is considered a Sub-Micro Cap stock.

Last quarter Altisource Portfolio Solutions S.A. reported $38 million in Revenue and -$.23 earnings per share. This fell short of revenue expectation by $-8 million and exceeded earnings estimates by $.01.

In the last 3 years, ASPS traded as high as $17.67 and as low as $.43.

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

ASPS has underperformed the market in the last year with a return of -64.3%, while SPY returned +22.8%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in ASPS shares. However, ASPS has outperformed the market in the last 3 month and 2 week periods, returning +10.5% and +31.9%, while SPY returned +1.8% and -0.5%, respectively. This indicates ASPS has been having a stronger performance recently.

ASPS support price is $.85 and resistance is $1.03 (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 ASPS shares will trade within this expected range on the day.