Altisource Asset Management (NYSE:AAMC) Coverage Initiated by Analysts at StockNews.com

Analysts at StockNews.com started coverage on shares of Altisource Asset Management (NYSE:AAMCGet Rating) in a research report issued to clients and investors on Wednesday. The brokerage set a “hold” rating on the stock.

Altisource Asset Management Stock Performance

Shares of AAMC stock opened at $19.25 on Wednesday. Altisource Asset Management has a 12-month low of $8.65 and a 12-month high of $27.44.

About Altisource Asset Management

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Altisource Asset Management Corporation is an alternative lending company that provides liquidity and capital to under-served market and portfolio management and corporate governance services to institutional investors in the United States. The company offers its services under an asset management agreement to Altisource Residential Corporation, which acquires and manages single-family rental properties for working class families.

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