Aspen Group Inc (OTCBB:ASPU) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a report released 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 (OTCBB:ASPU) traded down 2.17% during mid-day trading on Thursday, reaching $6.75. 7,446 shares of the company’s stock were exchanged. Aspen Group has a 52-week low of $1.53 and a 52-week high of $7.75. The stock’s market cap is $77.73 million. The stock’s 50-day moving average is $6.80 and its 200-day moving average is $4.85.
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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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