Aspen Group (NASDAQ:ASPU) Stock Crosses Below 50 Day Moving Average – Time to Sell?

by · The Markets Daily

Aspen Group, Inc. (NASDAQ:ASPUGet Free Report) shares passed below its fifty day moving average during trading on Thursday . The stock has a fifty 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 trading hands.

Aspen Group Price Performance

The stock’s 50 day moving average is $0.31 and its 200-day moving average is $0.23. The company has a market capitalization of $8.63 million, a P/E ratio of -0.44 and a beta of -0.89.

About Aspen Group

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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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