Altisource Asset Management Corporation (AAMC)
Altisource Asset Management Corporation operates in the Asset Management industry of the Financial Services sector, headquartered in Christiansted, VI, US. The stock last traded at $1.25, down 4.59% on the session, giving a market capitalisation of $3.2M. On trailing twelve-month figures it carries a trailing P/E of -0.11, a net margin of 278.4%. Its beta of 1.37 implies it has historically moved more than the broad market.
Altisource Asset Management Corporation (AAMC) functions as an alternative financial institution, primarily focused on supplying capital and financial resources to underserved market segments. Furthermore, the company delivers comprehensive portfolio management and corporate governance advisory services to institutional investors throughout the United States. A significant aspect of its operations involves an asset management agreement with Altisource Residential Corporation, where AAMC oversees the firm responsible for acquiring and managing single-family rental properties, particularly catering to working-class households. Additionally, AAMC provides management support to NewSource Reinsurance Company Ltd. Established in 2012, Altisource Asset Management Corporation maintains its headquarters in Christiansted, Virgin Islands, with an operational presence extending to the United States and India.
Altisource Asset Management Corporation is most often compared with the following Financial Services names: