CHRISTIANSTED, Virgin Islands (AP) — CHRISTIANSTED, Virgin Islands (AP) — Altisource Asset Management Corp. (AAMC) on Wednesday reported a loss of $3.1 million in its first quarter.

The Christiansted, Virgin Islands-based company said it had a loss of $49.98 per share.

The asset manager posted revenue of $234,000 in the period.

In the final minutes of trading on Wednesday, the company's shares hit $3.13. A year ago, they were trading at $46.17.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AAMC at https://www.zacks.com/ap/AAMC