About 9.18 million shares of Ocwen Financial changed hands on Tuesday, while the average daily trading volume is about 4.81 million shares.
Over the last year Ocwen (OCN) has tumbled by 72.77%. Consistent with the plunge in the stock price, the company’s earnings per share are down 248.71% compared to the year-earlier quarter.
The company is losing money … BIG TIME. Management is disfunctional. Investors have given up on Ocwen.
You should also back away from Ocwen and it mortgage Order Mills.
Ocwen Loan Servicing, LLC is rated “F” by the Better Business Bureau.
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