Bridgepoint Education Inc. (NYSE:BPI)’s share price traded down 4.5% during mid-day trading on Wednesday . The stock traded as low as $6.65 and last traded at $7.45, with a volume of 178,631 shares changing hands. The stock had previously closed at $7.80.

Several equities analysts have recently issued reports on the company. Zacks Investment Research upgraded Bridgepoint Education from a “sell” rating to a “hold” rating in a research note on Tuesday, July 5th. TheStreet cut Bridgepoint Education from a “hold” rating to a “sell” rating in a research note on Monday, June 6th.

The firm has a 50 day moving average of $7.36 and a 200 day moving average of $8.05. The firm’s market cap is $346.71 million.

Bridgepoint Education (NYSE:BPI) last released its earnings results on Tuesday, August 2nd. The company reported $0.12 EPS for the quarter, topping analysts’ consensus estimates of $0.11 by $0.01. The firm had revenue of $137.97 million for the quarter, compared to the consensus estimate of $141.50 million. During the same period in the prior year, the business earned ($0.01) EPS. The company’s quarterly revenue was down 6.2% on a year-over-year basis. On average, equities research analysts forecast that Bridgepoint Education Inc. will post $0.18 earnings per share for the current fiscal year.

A hedge fund recently raised its stake in Bridgepoint Education stock. Schroder Investment Management Group boosted its position in Bridgepoint Education Inc. (NYSE:BPI) by 19.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 476,137 shares of the company’s stock after buying an additional 77,219 shares during the period. Schroder Investment Management Group owned 1.04% of Bridgepoint Education worth $3,623,000 as of its most recent filing with the SEC.

Bridgepoint Education, Inc (Bridgepoint) is a provider of postsecondary education services. The Company’s academic institutions include Ashford University and University of the Rockies, which offer associate’s, bachelor’s, master’s and doctoral programs online, as well as at the campuses located in Iowa and Colorado, respectively.

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