(VIANEWS) – The NASDAQ opens in less than four hours and Aspen Group‘s pre-market value is already 12.51% up.

Aspen Group’s last close was $0.33, 86.34% under its 52-week high of $2.44.

The last session, NASDAQ finished with Aspen Group (ASPU) rising 4.52% to $0.33. NASDAQ rose 2.66% to $11,140.43, following the last session’s upward trend on what was an all-around up trend trading session.

Why is Aspen Group Stock Going up?

The Aspen Group Inc (ASPU) is a stock company. It provides education and training services. It operates through subsidiaries. The company serves students online and on campus.

It offers certificate programs, associate degree programs, master degree programs, and business management. The company is listed on the NASDAQ.

Aspen Group forecasts revenue growth to reach $1,971,793,885 in 2023. This is a very good outlook for the next four years. However, earnings estimates may fluctuate. Currently, analysts are expecting adjusted earnings per share to fall to -0.315 for the current fiscal year.

Aspen Group stock has dropped over 33% in the last 12 months. It also has received a Bearish rating from InvestorsObserver Stock Sentiment Indicator.

The company’s international securities identification number is US04530L2034 and it is headquartered in New York, NY. The company has a market capitalization of $8.1 million.

Aspen Group is expected to earn a profit of -$0.315 for the current fiscal year. The company is expected to pay no dividend in the next twelve months.

The company’s Growth Score is graded on three factors: the consistency of positive annual cash from operations, annual sales growth, and five-year sales growth rankings. It is graded against the entire stock universe. Companies in the top 20% receive an A, while the bottom 20% receive an F.

Aspen Group Inc’s Growth Score of 8 indicates that the company is growing. While it has a P/E ratio of 0.33, this is not meaningful. If you look at its Price/Earnings-to-Growth ratio, you can get a better idea of the future profitability of the company.

About Aspen Group

Aspen Group, Inc., a technology-based education company, offers online higher education in the United States. Aspen University, United States University, and the company offer baccalaureate and master’s degree programs in business, technology, nursing, health, and other education areas. It had 13 334 students who were pursuing degrees as of April 30, 2022. Aspen Group, Inc., was established in 1987. It is located 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%.

Revenue growth

The year-on-year revenue growth for quarterly declined 2.8%. We now have 76.16M in the 12 trailing months.

Volume

The Aspen Group’s latest reported volume is currently 342575, which is 41.67% more than its average volume 211754

Growth Estimates Quarters

For the current quarter, the company expects to grow by 25% and 66% respectively.

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