Aspen Group Stock Drops By 21% In The Last 10 Sessions

(VIANEWS) – Shares of Aspen Group (NASDAQ: ASPU) dropped by a staggering 21.99% in 10 sessions from $0.33 at 2023-01-20, to $0.26 at 10:29 EST on Friday, after two successive sessions in a row of losses. NASDAQ is dropping 1.2% to $12,054.45, after three consecutive sessions in a row of gains.

Aspen Group’s last close was $0.26, 89.34% under its 52-week high of $2.44.

About Aspen Group

Aspen Group, Inc., an education technology company, provides online higher education services in the United States. The company offers baccalaureate, master's, and doctoral degree programs in nursing and health sciences, business and technology, arts and sciences, and education fields through Aspen University and United States University. As of April 30, 2022, it had 13,334 degree-seeking students enrolled. Aspen Group, Inc. was founded in 1987 and is based in New York, New York.

Earnings Per Share

As for profitability, Aspen Group has a trailing twelve months EPS of $-0.383.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is negative -28.35%.

Volume

Today’s last reported volume for Aspen Group is 41627 which is 84.83% below its average volume of 231704.

Moving Average

Aspen Group’s worth is way below its 50-day moving average of $0.33 and way below its 200-day moving average of $0.68.

Stock Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions,

Aspen Group’s stock is considered to be overbought (>=80).

Revenue Growth

Year-on-year quarterly revenue growth declined by 2.8%, now sitting on 76.16M for the twelve trailing months.

More news about Aspen Group (ASPU).

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