Aspen Group Inc. (NASDAQ: ASPU)’s stock price has decreased by -19.24 compared to its previous closing price of 0.17. However, the company has seen a -34.53% decrease in its stock price over the last five trading sessions.
Is It Worth Investing in Aspen Group Inc. (NASDAQ: ASPU) Right Now?
Moreover, the 36-month beta value for ASPU is 1.40. Analysts have varying opinions on the stock, with 1 analysts rating it as a “buy,” 0 as “overweight,” 1 as “hold,” and 0 as “sell.”
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The average price recommended by analysts for Aspen Group Inc. (ASPU) is $1.05, which is $0.91 above the current market price. The public float for ASPU is 20.49M and currently, short sellers hold a 0.38% of that float. On March 15, 2023, ASPU’s average trading volume was 335.07K shares.
ASPU’s Market Performance
ASPU’s stock has seen a -34.53% decrease for the week, with a -33.99% drop in the past month and a -59.19% fall in the past quarter. The volatility ratio for the week is 25.66%, and the volatility levels for the past 30 days are at 14.21% for Aspen Group Inc. The simple moving average for the last 20 days is -30.30% for ASPU stock, with a simple moving average of -76.32% for the last 200 days.
Analysts’ Opinion of ASPU
B. Riley FBR, on the other hand, stated in their research note that they expect to see ASPU reach a price target of $14. The rating they have provided for ASPU stocks is “Buy” according to the report published on July 14th, 2020.
Craig Hallum gave a rating of “Buy” to ASPU, setting the target price at $14 in the report published on June 01st of the previous year.
ASPU Trading at -47.04% from the 50-Day Moving Average
After a stumble in the market that brought ASPU to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -92.81% of loss for the given period.
Volatility was left at 14.21%, however, over the last 30 days, the volatility rate increased by 25.66%, as shares sank -37.10% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -50.25% lower at present.
During the last 5 trading sessions, ASPU fell by -34.53%, which changed the moving average for the period of 200-days by -86.20% in comparison to the 20-day moving average, which settled at $0.1929. In addition, Aspen Group Inc. saw -55.71% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at ASPU starting from KASS DOUGLAS, who purchase 10,250 shares at the price of $0.28 back on Dec 30. After this action, KASS DOUGLAS now owns 255,250 shares of Aspen Group Inc., valued at $2,876 using the latest closing price.
KASS DOUGLAS, the Director of Aspen Group Inc., purchase 5,000 shares at $0.28 during a trade that took place back on Dec 29, which means that KASS DOUGLAS is holding 245,000 shares at $1,414 based on the most recent closing price.
Stock Fundamentals for ASPU
Current profitability levels for the company are sitting at:
- -11.70 for the present operating margin
- +49.63 for the gross margin
The net margin for Aspen Group Inc. stands at -12.50. Equity return is now at value -29.20, with -13.50 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 2.34.
Conclusion
To wrap up, the performance of Aspen Group Inc. (ASPU) has been bad in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
