Aspen Group Inc (ASPU) Research Coverage Started at Roth Capital

Roth Capital began coverage on shares of Aspen Group Inc (OTCBB:ASPU) in a research note released on Friday morning, MarketBeat.com reports. The brokerage issued a buy rating and a $10.00 price objective on the technology company’s stock.

Separately, Zacks Investment Research cut shares of Aspen Group from a buy rating to a hold rating in a report on Friday, July 14th.

Shares of Aspen Group (OTCBB:ASPU) opened at 7.28 on Friday. The stock’s market cap is $98.96 million. The stock’s 50 day moving average price is $6.34 and its 200 day moving average price is $5.90. Aspen Group has a 52 week low of $2.60 and a 52 week high of $7.75.

Aspen Group (OTCBB:ASPU) last posted its quarterly earnings data on Thursday, September 14th. The technology company reported ($0.06) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.03) by ($0.03). The company had revenue of $4.24 million during the quarter, compared to the consensus estimate of $4.11 million. Aspen Group had a negative net margin of 18.08% and a negative return on equity of 39.50%. Equities research analysts anticipate that Aspen Group will post $0.04 EPS for the current fiscal year.

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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

Separately, Zacks Investment Research cut shares of Aspen Group from a buy rating to a hold rating in a report on Friday, July 14th.

Shares of Aspen Group (OTCBB:ASPU) opened at 7.28 on Friday. The stock’s market cap is $98.96 million. The stock’s 50 day moving average price is $6.34 and its 200 day moving average price is $5.90. Aspen Group has a 52 week low of $2.60 and a 52 week high of $7.75.

Aspen Group (OTCBB:ASPU) last posted its quarterly earnings data on Thursday, September 14th. The technology company reported ($0.06) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.03) by ($0.03). The company had revenue of $4.24 million during the quarter, compared to the consensus estimate of $4.11 million. Aspen Group had a negative net margin of 18.08% and a negative return on equity of 39.50%. Equities research analysts anticipate that Aspen Group will post $0.04 EPS for the current fiscal year.

WARNING: This piece was originally reported by The Ledger Gazette and is owned by of The Ledger Gazette. If you are reading this piece on another domain, it was illegally copied and reposted in violation of U.S. and international copyright & trademark law. The correct version of this piece can be viewed at https://ledgergazette.com/2017/10/09/aspen-group-inc-aspu-research-coverage-started-at-roth-capital.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).

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