StockNews.com Initiates Coverage on Altisource Asset Management (NYSE:AAMC)

Equities researchers at StockNews.com started coverage on shares of Altisource Asset Management (NYSE:AAMC – Get Rating) in a note issued to investors on Thursday. The brokerage set a “sell” rating on the stock.

Altisource Asset Management Stock Performance

AAMC stock opened at $52.86 on Thursday. Altisource Asset Management has a 1 year low of $8.65 and a 1 year high of $61.00.

Altisource Asset Management Company Profile

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Altisource Asset Management Corp. operates as an alternative lending company. The firm provides liquidity and capital to under-served markets. It assess opportunities which potentially be of long-term benefit to shareholders such as Crypto-ATMs. The company was founded on March 15, 2012 and is headquartered in Christiansted, Virgin Islands.