NEW YORK ( TheStreet) -- Altisource Portfolio Solutions (Nasdaq: ASPS) hit a new 52-week high Friday as it is currently trading at $66.20, above its previous 52-week high of $65.71 with 96,562 shares traded as of 12:39 p.m. ET. Average volume has been 130,700 shares over the past 30 days. Altisource has a market cap of $1.5 billion and is part of the financial sector and real estate industry. Shares are up 24.6% year to date as of the close of trading on Thursday. Altisource Portfolio Solutions S.A., together with its subsidiaries, provides services related to real estate and mortgage portfolio management, asset recovery, and customer relationship management primarily in the United States. The company has a P/E ratio of 20, equal to the average real estate industry P/E ratio and above the S&P 500 P/E ratio of 17.7.
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