Altisource Residential Corporation stock performance trend indicates that the stock price has rallied 28.88% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 36.33% . Looking at the past 52 week period, the stock price is up at 23.22% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of Altisource Residential Corporation has a positive value of 4.48 compared to overall market.Based on the Stock Research the Relative Strength Index signal is in over bought territory with a range of 76.76.
Altisource Residential Corporation (NYSE:RESI) has climbed 6.6% in the past week and advanced 11.65% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 6.35% and the outperformance has advanced to 10.37% for the last 4 weeks period.
For the current week, the company shares have a recommendation consensus of Buy. Altisource Residential Corporation (NYSE:RESI) : On Friday heightened volatility was witnessed in Altisource Residential Corporation (NYSE:RESI) which led to swings in the share price. The stock opened for trading at $14.5 and hit $14.92 on the upside , eventually ending the session at $14.86, with a gain of 2.41% or 0.35 points. The heightened volatility saw the trading volume jump to 1,812,476 shares. The 52-week high of the share price is $14.92 and the company has a market cap of $798 million. The 52-week low of the share price is at $7.81 .
Company has reported several Insider transactions to the SEC, on Mar 6, 2017, George G Ellison (CEO) purchased 20,000 shares at 14.47 per share price.On Nov 18, 2016, David B Reiner (director) purchased 3,500 shares at 11.57 per share price.On Aug 17, 2015, Robin N Lowe (CFO) purchased 7,000 shares at 14.48 per share price.
Altisource Residential Corp Last issued its quarterly earnings results on Mar 1, 2017. The company reported $-1.14 EPS for the quarter, missing the analyst consensus estimate by $ -0.84. Analyst had a consensus of $-0.30. The company had revenue of $12.06 million for the quarter, compared to analysts expectations of $24.07 million. The companys revenue was down -50.0 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $-1.18 EPS.
Altisource Residential Corporation is engaged in the acquisition and ownership of single-family rental assets. Altisource Residential Corporation is based in Frederiksted, U.S.