Aspen Group (NASDAQ:ASPU) Share Price Crosses Above 50-Day Moving Average of $0.23

Aspen Group, Inc. (NASDAQ:ASPU) shares crossed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $0.23 and traded as high as $0.27. Aspen Group shares last traded at $0.26, with a volume of 15,423 shares trading hands.

Aspen Group Trading Down 14.3 %

The business has a 50-day moving average price of $0.23 and a 200-day moving average price of $0.19.

Aspen Group (NASDAQ:ASPU) last released its quarterly earnings data on Thursday, January 18th. The technology company reported ($0.06) earnings per share (EPS) for the quarter. The firm had revenue of $13.83 million during the quarter.

Institutional Trading of Aspen Group

Several institutional investors have recently bought and sold shares of ASPU. B. Riley Wealth Advisors Inc. acquired a new stake in Aspen Group in the 3rd quarter valued at $30,000. Millennium Management LLC acquired a new stake in Aspen Group in the 2nd quarter valued at $31,000. Renaissance Technologies LLC boosted its stake in Aspen Group by 470.1% in the 2nd quarter. Renaissance Technologies LLC now owns 63,277 shares of the technology company’s stock valued at $62,000 after buying an additional 52,177 shares in the last quarter. Finally, Cruiser Capital Advisors LLC boosted its stake in Aspen Group by 45.2% in the 1st quarter. Cruiser Capital Advisors LLC now owns 57,799 shares of the technology company’s stock valued at $94,000 after buying an additional 18,006 shares in the last quarter. Institutional investors and hedge funds own 10.56% of the company’s stock.

About Aspen Group

Aspen Group, Inc, an education technology company, provides online higher education services in the United States. The company offers baccalaureate, master's, and doctoral degree programs in nursing and health sciences, business and technology, arts and sciences, and education fields through Aspen University and United States University.