Aspen Group (NASDAQ:ASPU) Stock Price Breaks Below Fifty Day Moving Average – Here’s What Happened

Shares of Aspen Group, Inc. (NASDAQ:ASPU – Get Free Report) passed below its 50-day moving average during trading on Monday. The stock has a 50-day moving average of $0.27 and traded as low as $0.2557. Aspen Group shares last traded at $0.2557, with a volume of 4,210 shares changing hands.

Aspen Group Stock Performance

The business has a 50-day simple moving average of $0.27 and a two-hundred day simple moving average of $0.29. The company has a market capitalization of $8.55 million, a price-to-earnings ratio of -0.42 and a beta of -0.87.

Aspen Group Company Profile

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Aspen Group, Inc was an education technology company that historically operated Aspen University and United States University. Through these institutions, the company provided primarily online and hybrid postsecondary education programs for working adults and other nontraditional students.

Aspen University offered degree and certificate programs in areas including nursing, business, healthcare, education, information technology and related disciplines. United States University provided undergraduate and graduate programs, with a particular emphasis on nursing, healthcare and professional education.

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