Altisource Portfolio Solutions S.A. (ASPS) Jumps 7.39% on February 12

Equities Staff |

Altisource Portfolio Solutions S.A. (ASPS) was among the biggest gainers on the Russell 2000 for Friday February 12 as the stock popped 7.39% to $28.14, representing a gain of $1.935 per share. Some 361,061 shares traded hands on 2,577 trades, compared with an average daily volume of 508,241 shares out of a total float of 19.3 million. The stock opened at $26.48 and traded with an intraday range of $28.75 to $26.03.

After today's gains, Altisource Portfolio Solutions S.A. reached a market cap of $542.96 million. Altisource Portfolio Solutions S.A. has had a trading range between $41.23 and $12.28 over the last year, and it had a 50-day SMA of $27.46 and a 200-day SMA of $28.66.

The stock has a P/E Ratio of 6.1.

Altisource Portfolio Solutions SA is a provider of real estate, mortgage, and asset recovery and customer relationship management services. The Company operates in three segments namely mortgage services, financial services and technology services.

Altisource Portfolio Solutions S.A. is based out of Luxembourg, and has some 9,313 employees. Its CEO is William B. Shepro.

For a complete fundamental analysis analysis of Altisource Portfolio Solutions S.A., check out Equities.com’s Stock Valuation Analysis report for ASPS. To see the latest independent stock recommendations from Equities.com’s analysts, visit our Research section.

The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It's maintained by Russell Investments, an industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.

Russell's indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It's a simple approach that gives a broad, unbiased look at the small-cap market as a whole.

For more news on the financial markets, go to Equities.com. Also, learn more about our independent proprietary equity research reports and our robust do-it-yourself Stock Valuation Analysis reports in our Research section.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.

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