Altisource Portfolio Solutions S.A (NASDAQ: ASPS)’s stock price has gone rise by 19.38 in comparison to its previous close of 0.66, however, the company has experienced a 26.67% increase in its stock price over the last five trading days. seekingalpha.com reported 2024-10-24 that Altisource Portfolio Solutions SA (NASDAQ:ASPS ) Q3 2024 Earnings Conference Call October 24, 2024 8:30 AM ET Company Participants Michelle Esterman – Chief Financial Officer Bill Shepro – Chairman and Chief Executive Officer Conference Call Participants Raj Sharma – B. Riley Mike Grondahl – Northland Operator Good day, and thank you for standing by.
Is It Worth Investing in Altisource Portfolio Solutions S.A (NASDAQ: ASPS) Right Now?
The stock has a 36-month beta value of 0.86. Opinions on the stock are mixed, with 1 analysts rating it as a “buy,” 0 as “overweight,” 1 as “hold,” and 0 as “sell.”
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The public float for ASPS is 13.86M, and at present, short sellers hold a 6.74% of that float. On December 27, 2024, the average trading volume of ASPS was 166.48K shares.
ASPS’s Market Performance
ASPS’s stock has seen a 26.67% increase for the week, with a 3.67% rise in the past month and a -29.65% fall in the past quarter. The volatility ratio for the week is 24.06%, and the volatility levels for the past 30 days are at 14.46% for Altisource Portfolio Solutions S.A The simple moving average for the past 20 days is 7.27% for ASPS’s stock, with a -42.34% simple moving average for the past 200 days.
Analysts’ Opinion of ASPS
Many brokerage firms have already submitted their reports for ASPS stocks, with B. Riley FBR repeating the rating for ASPS by listing it as a “Buy.” The predicted price for ASPS in the upcoming period, according to B. Riley FBR is $30 based on the research report published on January 31, 2020 of the previous year 2020.
Compass Point gave a rating of “Buy” to ASPS, setting the target price at $31 in the report published on August 10th of the previous year.
ASPS Trading at -12.42% from the 50-Day Moving Average
After a stumble in the market that brought ASPS to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -78.76% of loss for the given period.
Volatility was left at 14.46%, however, over the last 30 days, the volatility rate increased by 24.06%, as shares sank -6.20% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -34.88% lower at present.
During the last 5 trading sessions, ASPS rose by +26.67%, which changed the moving average for the period of 200-days by -70.27% in comparison to the 20-day moving average, which settled at $0.7345. In addition, Altisource Portfolio Solutions S.A saw -77.87% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at ASPS starting from Shepro William B, who purchase 2,200 shares at the price of $2.51 back on Mar 18 ’24. After this action, Shepro William B now owns 723,248 shares of Altisource Portfolio Solutions S.A, valued at $5,522 using the latest closing price.
Shepro William B, the Chairman and CEO of Altisource Portfolio Solutions S.A, purchase 2,200 shares at $2.51 during a trade that took place back on Mar 14 ’24, which means that Shepro William B is holding 721,048 shares at $5,522 based on the most recent closing price.
Stock Fundamentals for ASPS
Current profitability levels for the company are sitting at:
- -0.0 for the present operating margin
- 0.26 for the gross margin
The net margin for Altisource Portfolio Solutions S.A stands at -0.25. The total capital return value is set at 0.0.
Based on Altisource Portfolio Solutions S.A (ASPS), the company’s capital structure generated 2.93 points at debt to capital in total, while cash flow to debt ratio is standing at -0.03. The debt to equity ratio resting at -1.52. The interest coverage ratio of the stock is -0.0.
Currently, EBITDA for the company is -6.28 million with net debt to EBITDA at 32.6. When we switch over and look at the enterprise to sales, we see a ratio of 1.39. The receivables turnover for the company is 11.23for trailing twelve months and the total asset turnover is 1.11.
Conclusion
To sum up, Altisource Portfolio Solutions S.A (ASPS) has seen a mixed performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
