Aspen Group (NASDAQ:ASPU) announced its earnings results on Wednesday. The technology company reported ($0.04) EPS for the quarter, missing analysts’ consensus estimates of ($0.03) by ($0.01), reports. Aspen Group had a negative net margin of 8.69% and a negative return on equity of 29.44%.
Aspen Group (NASDAQ ASPU) traded up $0.40 during trading hours on Wednesday, reaching $8.63. 170,627 shares of the company were exchanged, compared to its average volume of 18,898. Aspen Group has a 1 year low of $2.76 and a 1 year high of $9.25. The company has a debt-to-equity ratio of 0.55, a quick ratio of 4.16 and a current ratio of 4.16.
A number of equities analysts have recently commented on ASPU shares. Roth Capital started coverage on shares of Aspen Group in a report on Friday, October 6th. They issued a “buy” rating and a $10.00 target price on the stock. Zacks Investment Research raised shares of Aspen Group from a “sell” rating to a “hold” rating in a report on Friday, November 10th.
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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