Analysts at Craig Hallum started coverage on shares of Aspen Group (NASDAQ:ASPU) in a note issued to investors on Monday, The Fly reports. The firm set a “buy” rating on the technology company’s stock.
Several other equities analysts have also recently weighed in on the company. Zacks Investment Research raised Aspen Group from a “sell” rating to a “hold” rating in a report on Tuesday, February 6th. Taglich Brothers reaffirmed a “speculative buy” rating on shares of Aspen Group in a report on Tuesday, December 19th. Finally, Roth Capital lifted their price objective on Aspen Group from $9.60 to $12.25 and gave the company a “buy” rating in a report on Thursday, December 14th.
Shares of Aspen Group (ASPU) opened at $7.50 on Monday. The firm has a market capitalization of $112.71, a P/E ratio of -44.12 and a beta of 0.57. The company has a debt-to-equity ratio of 0.58, a quick ratio of 3.12 and a current ratio of 3.12. Aspen Group has a fifty-two week low of $3.05 and a fifty-two week high of $9.61.
A number of hedge funds and other institutional investors have recently made changes to their positions in ASPU. P.A.W. Capital Corp acquired a new position in Aspen Group in the 3rd quarter valued at $1,570,000. Unterberg Capital LLC acquired a new position in Aspen Group in the 3rd quarter valued at $2,355,000. Finally, Royce & Associates LP acquired a new position in Aspen Group in the 3rd quarter valued at $553,000. 5.63% of the stock is owned by hedge funds and other institutional investors.
ILLEGAL ACTIVITY WARNING: This story was published by American Banking News and is the property of of American Banking News. If you are accessing this story on another site, it was copied illegally and republished in violation of international trademark and copyright law. The original version of this story can be viewed at https://www.americanbankingnews.com/2018/02/12/aspen-group-aspu-earns-buy-rating-from-analysts-at-craig-hallum.html.
Aspen Group Company Profile
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 Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Aspen Group and related companies with MarketBeat.com's FREE daily email newsletter.