Altisource Tries To Retake 50-Day Line Amid Market Turmoil
Posted on May 30, 2012 at 17:28 PM EDT
The financial service firm Altisource Portfolio Solutions (ASPS) is trying to retake its 10-week moving average as it works on a base. The stock's Composite Rating is 98, and it boasts a best-possible 99 Earnings Per Share Rating. Profit for the first quarter jumped 79%, much more than expected, on a 57% increase in sales. Earnings for the current quarter, which ends in June, are expected to double to $1.04 a share, the most since it went public