Aspen Group Inc (ASPU) Announces Earnings Results
Aspen Group Inc (OTCBB:ASPU) announced its quarterly earnings results on Thursday. The technology company reported ($0.06) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.03) by ($0.03), Morningstar.com reports. Aspen Group had a negative net margin of 16.87% and a negative return on equity of 61.89%.
Shares of Aspen Group (OTCBB ASPU) traded down 3.32% during mid-day trading on Friday, hitting $6.70. The company had a trading volume of 3,408 shares. The firm’s market capitalization is $91.20 million. Aspen Group has a 12 month low of $2.46 and a 12 month high of $7.75. The firm has a 50-day moving average price of $6.24 and a 200 day moving average price of $5.62.
Separately, Zacks Investment Research raised Aspen Group from a “hold” rating to a “buy” rating and set a $8.00 target price for the company in a research note on Thursday, July 13th.
ILLEGAL ACTIVITY NOTICE: “Aspen Group Inc (ASPU) Announces Earnings Results” was first published by American Banking News and is owned by of American Banking News. If you are reading this report on another website, it was illegally copied and reposted in violation of United States and international trademark & copyright laws. The legal version of this report can be read at https://www.americanbankingnews.com/2017/09/14/aspen-group-inc-aspu-issues-quarterly-earnings-results-misses-estimates-by-0-01-eps.html.
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).
Receive News & Ratings for Aspen Group Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Aspen Group Inc and related companies with MarketBeat.com's FREE daily email newsletter.