Aspen Group Inc (ASPU) Downgraded to Hold at Zacks Investment Research

Zacks Investment Research lowered shares of Aspen Group Inc (OTCBB:ASPU) from a buy rating to a hold rating in a research note published on Friday morning.

According to Zacks, “Aspen Group, Inc. is an online post-secondary education company. It offers certificate programs and associate, bachelor, master, and doctoral degree programs in a range of areas, including business and organization management, education, nursing, information technology, and general studies. Aspen Group, Inc. is headquartered in Denver, Colorado. “

Aspen Group (OTCBB ASPU) remained flat at $7.17 on Friday. 1,815 shares of the company were exchanged. The stock’s market cap is $82.56 million. Aspen Group has a 1-year low of $1.53 and a 1-year high of $7.75. The firm’s 50 day moving average is $6.13 and its 200-day moving average is $4.50.

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About Aspen Group

Aspen Group, Inc is a holding company. The Company’s subsidiary, Aspen University Inc (Aspen), is dedicated to provide the education experiences taught by professors. Aspen offers approximately two monthly payment programs, a monthly payment plan in which students make payments every month over a fixed period (36, 39 or 72 months depending on the degree program) and a monthly installment plan in which students pay over three monthly installments (day 1, day 31 and day 61 after the start of each course).

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