Roth Capital assumed coverage on shares of Aspen Group Inc (OTCBB:ASPU) in a report released on Friday. The firm issued a buy rating and a $10.00 price objective on the technology company’s stock.

Separately, Zacks Investment Research lowered Aspen Group from a hold rating to a sell rating in a research note on Thursday, August 10th.

Shares of Aspen Group (ASPU) traded up 8.82% on Friday, reaching $7.28. The company’s stock had a trading volume of 72,052 shares. The firm has a 50-day moving average price of $6.34 and a 200 day moving average price of $5.90. The firm’s market capitalization is $98.96 million. Aspen Group has a one year low of $2.60 and a one year high of $7.75.

Aspen Group (OTCBB:ASPU) last announced its earnings results on Thursday, September 14th. The technology company reported ($0.06) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.03) by ($0.03). The company had revenue of $4.24 million for the quarter, compared to the consensus estimate of $4.11 million. Aspen Group had a negative net margin of 18.08% and a negative return on equity of 39.50%. On average, analysts anticipate that Aspen Group will post $0.04 earnings per share for the current fiscal year.

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About Aspen Group

Aspen Group, Inc is a holding company. The Company’s subsidiary, Aspen University Inc (Aspen), is dedicated to provide the education experiences taught by professors. Aspen offers approximately two monthly payment programs, a monthly payment plan in which students make payments every month over a fixed period (36, 39 or 72 months depending on the degree program) and a monthly installment plan in which students pay over three monthly installments (day 1, day 31 and day 61 after the start of each course).

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