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Altisource Portfolio Solutions S.A. (ASPS) rating initates by B. Riley FBR

Altisource Portfolio Solutions S.A.’s filing revealed that its Chairman and CEO Shepro William B acquired Company’s shares for reported $5522.0 on Mar 18 ’24. In the deal valued at $2.51 per share,2,200 shares were bought. As a result of this transaction, Shepro William B now holds 723,248 shares worth roughly $0.8 million.

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Then, Shepro William B bought 2,200 shares, generating $5,522 in total proceeds. Upon buying the shares at $2.51, the Chairman and CEO now owns 721,048 shares.

Before that, Shepro William B bought 41,667 shares. Altisource Portfolio Solutions S.A. shares valued at $150,001 were divested by the Chairman and CEO at a price of $3.60 per share. As a result of the transaction, Shepro William B now holds 686,800 shares, worth roughly $0.76 million.

B. Riley FBR initiated its Altisource Portfolio Solutions S.A. [ASPS] rating to a Buy in a research note published on January 31, 2020; the price target was $30. A number of analysts have revised their coverage, including Northland Capital’s analysts, who decreased its forecast for the stock in early May from “an Outperform” to “a Market perform”. Compass Point also remained covering ASPS and has increased its forecast on August 10, 2016 with a “Buy” recommendation from previously “Neutral” rating. Piper Jaffray revised its rating on May 02, 2016. It rated ASPS as “an Underweight” which previously was an “a Neutral”.

Price Performance Review of ASPS

On Tuesday, Altisource Portfolio Solutions S.A. [NASDAQ:ASPS] saw its stock jump 0.92% to $1.10. Over the last five days, the stock has lost -29.94%. Altisource Portfolio Solutions S.A. shares have fallen nearly -69.10% since the year began. Nevertheless, the stocks have fallen -74.60% over the past one year. While a 52-week high of $4.70 was reached on 01/02/24, a 52-week low of $1.04 was recorded on 07/11/24. SMA at 50 days reached $1.4536, while 200 days put it at $2.4770.

Levels Of Support And Resistance For ASPS Stock

The 24-hour chart illustrates a support level at 1.0600, which if violated will result in even more drops to 1.0200. On the upside, there is a resistance level at 1.1300. A further resistance level may holdings at 1.1600. The Relative Strength Index (RSI) on the 14-day chart is 36.16, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.2469, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 91.53%. Stochastics%K at 7.24% indicates the stock is a buying.

How much short interest is there in Altisource Portfolio Solutions S.A.?

A steep rise in short interest was recorded in Altisource Portfolio Solutions S.A. stocks on , growing by 17796.0 shares to a total of 1.0 million shares. Yahoo Finance data shows the prior-month short interest on 2024-06-28 was 0.98 million shares. There was a rise of 1.78%, which implies that there is a positive sentiment for the stock.

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