(VIANEWS) – Aspen Group (NASDAQ: ASPU) experienced an astounding 19.23% drop over five trading sessions, from EUR0.26 to EUR0.21, from 08:23 EST on Wednesday through to yesterday evening. Despite an overall upward trend on NASDAQ which rose 0.37% at EUR16,035.30; Aspen Group did not reflect this positive momentum – its last close was EUR0.21, 19.23% below its 52-week high of EUR0.26.
About Aspen Group
Aspen Group, Inc. is an education technology company providing online higher education services in the US. Offering degree programs across nursing and health sciences, business and technology, arts & sciences and education from its two institutions Aspen University and United States University; by April 30 2022 it had 13,334 degree-seeking students enrolled, reflecting its dedication to offering accessible yet high-quality education Founded in 1987 with headquarters in New York City Aspen Group continues its pioneering presence within online learning allowing its students to realize their full potential and reach their fullest potential through online education technology – helping students realize their full potential as individuals.
Yearly Analysis
Yearly Top and Bottom Value at 08:27 EST Aspen Group’s stock price currently trades at EUR0.21, which is significantly below its 52-week high of EUR0.26 while above its low of EUR0.03. Analysts forecast Aspen Group’s sales growth to be negative 16.4% this year and another 16.2% next year.
Technical Analysis
Aspen Group’s stock has been performing extremely well, with its current price far surpassing both its 50-day and 200-day moving averages of EUR0.18 and EUR0.16, respectively. However, today’s volume of 26,712 is 8.84% below its average volume of 31,271, which could indicate either investor skepticism or disinterest in investing.
Aspen Group stock has experienced negative 7.63% volatility over the last week, positive 0.86% in its last month, and positive 5.25 % over its last quarter despite these fluctuations; nonetheless, its trend has been relatively consistent over recent months.
The stochastic oscillator, an indicator for overbought/oversold conditions, currently classifies Aspen Group stock as overbought (>=80), warning investors that its current valuation may be too high.
Aspen Group stock has performed well recently; however, investors should exercise caution and carefully assess its current volatility and overbought status before making any investment decisions.
Quarter Analysis
Sales Growth Sales growth for Aspen Group was negative 24% this quarter and 29.3% for the next. This indicates a substantial drop in sales between both quarters, which may cause investors to be alarmed. To understand why sales are dropping significantly it’s essential to examine why it happened in terms of either temporary setback or more permanent trend.
Revenue Growth Annualized Annual Quarterly Revenue Growth has dropped 19% YOY and now sits at 58.83M for the twelve trailing months, prompting investors to examine factors contributing to its reduction and assess whether necessary steps have been taken by management in order to address them and enhance revenue growth.
Equity Analysis
Aspen Group currently boasts an negative trailing twelve month earnings per share (EPS) figure of EUR-0.38 and returns on equity of -12.95%; these numbers indicate that they are not currently profitable and do not generate returns on shareholder equity, prompting investors to carefully consider this information before making investment decisions.
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