Aspen Group Inc (NASDAQ:ASPU) Director Malcolm F. Iv Maclean acquired 2,100 shares of the business’s stock in a transaction dated Tuesday, April 2nd. The shares were bought at an average price of $4.89 per share, for a total transaction of $10,269.00. The transaction was disclosed in a document filed with the SEC, which is available at this link.
ASPU opened at $4.76 on Friday. Aspen Group Inc has a 52-week low of $4.21 and a 52-week high of $8.50. The stock has a market cap of $88.01 million, a PE ratio of -12.21 and a beta of 0.77.
Aspen Group (NASDAQ:ASPU) last issued its quarterly earnings results on Monday, March 11th. The technology company reported ($0.13) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.11) by ($0.02). Aspen Group had a negative return on equity of 32.33% and a negative net margin of 36.52%. The business had revenue of $8.50 million during the quarter, compared to analyst estimates of $8.32 million. Sell-side analysts forecast that Aspen Group Inc will post -0.5 EPS for the current year.
Several equities analysts have recently issued reports on the stock. Zacks Investment Research upgraded shares of Aspen Group from a “sell” rating to a “hold” rating in a report on Thursday, March 14th. ValuEngine downgraded shares of Aspen Group from a “buy” rating to a “hold” rating in a report on Thursday, March 7th.
WARNING: “Aspen Group Inc (ASPU) Director Purchases $10,269.00 in Stock” was first reported by Baseball Daily News and is the sole property of of Baseball Daily News. If you are accessing this article on another website, it was copied illegally and reposted in violation of international copyright legislation. The original version of this article can be read at https://www.baseballdailydigest.com/news/2019/04/27/insider-buying-aspen-group-inc-aspu-director-purchases-2100-shares-of-stock.html.
Aspen Group Company Profile
Aspen Group, Inc provides online higher education services in the United States. The company offers certificate programs; and associate, bachelor's, master's, and doctoral degree programs in a range of areas, including nursing, education, business, technology, management, health sciences, and professional and extended studies.
Recommended Story: Why is momentum important to successful trading?
Receive News & Ratings for Aspen Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Aspen Group and related companies with MarketBeat.com's FREE daily email newsletter.