Bridgepoint Education Inc. (BPI) Sees Unusually-High Trading Volume
Bridgepoint Education Inc. (NYSE:BPI) saw an uptick in trading volume on Friday . 73,870 shares changed hands during mid-day trading, a decline of 1% from the previous session’s volume of 74,812 shares.The stock last traded at $8.17 and had previously closed at $7.81.
BPI has been the subject of several analyst reports. Zacks Investment Research upgraded shares of Bridgepoint Education from a “sell” rating to a “hold” rating in a research report on Tuesday, July 5th. TheStreet lowered shares of Bridgepoint Education from a “hold” rating to a “sell” rating in a research report on Monday, June 6th.
The firm’s market capitalization is $375.57 million. The stock’s 50 day moving average is $7.44 and its 200-day moving average is $8.10.
Bridgepoint Education (NYSE:BPI) last announced its quarterly earnings data on Tuesday, August 2nd. The company reported $0.12 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.11 by $0.01. During the same quarter in the previous year, the business earned ($0.01) earnings per share. The firm had revenue of $137.97 million for the quarter, compared to the consensus estimate of $141.50 million. The firm’s revenue for the quarter was down 6.2% on a year-over-year basis. Equities research analysts anticipate that Bridgepoint Education Inc. will post $0.22 EPS for the current year.
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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