Aspen Group Inc (OTCBB:ASPU) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a research report issued to clients and investors on Thursday.
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. “
Shares of Aspen Group (ASPU) remained flat at $6.10 during midday trading on Thursday. 5,319 shares of the company’s stock traded hands. The stock’s 50-day moving average is $6.83 and its 200-day moving average is $5.15. Aspen Group has a one year low of $1.68 and a one year high of $7.75. The company’s market capitalization is $83.03 million.
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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