Aspen Group (NASDAQ:ASPU) Shares Cross Below Fifty Day Moving Average – Here’s Why

Aspen Group, Inc. (NASDAQ:ASPUGet Free Report)’s stock price passed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $0.31 and traded as low as $0.2661. Aspen Group shares last traded at $0.2709, with a volume of 25,577 shares traded.

Aspen Group Trading Down 1.5%

The company’s 50-day simple moving average is $0.31 and its 200-day simple moving average is $0.23. The stock has a market capitalization of $8.78 million, a price-to-earnings ratio of -0.44 and a beta of -0.89.

Aspen Group Company Profile

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Aspen Group, Inc (NASDAQ: ASPU) is a publicly traded online education company that delivers degree programs through its two primary divisions: Aspen University and CRNA University. Aspen University provides fully online bachelor’s, master’s and doctoral programs in fields such as business administration, health sciences, nursing and education. CRNA University specializes in nurse anesthesia education at the doctoral level, combining online didactic coursework with supervised clinical practice at several U.S.

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