The name Aspen Group Inc. (ASPU) should be kept on your radar

In the latest session, Aspen Group Inc. (NASDAQ: ASPU) closed at $0.12 down -7.41% from its previous closing price of $0.14. In other words, the price has decreased by -$0.0100 from its previous closing price. On the day, 1887707 shares were traded. ASPU stock price reached its highest trading level at $0.1349 during the session, while it also had its lowest trading level at $0.1073.

From Robots to Self-Driving Cars: 5 AI Stocks to Consider for Your Portfolio

The artificial intelligence (AI) revolution is already here and it's about to change everything we know about everything. With the global market for AI projected to grow from $137 billion in 2022 to over $1.81 trillion by 2030, there's never been a better time to invest in this burgeoning industry. That's why we've compiled a list of the Top 5 AI Stocks to Buy for 2023. These companies are at the forefront of the AI revolution, and have the potential to deliver huge returns to investors like you.

Get our free report, "Top 5 AI Stocks to Buy for 2023".



For a deeper understanding of Aspen Group Inc.’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.60 and its Current Ratio is at 1.60. In the meantime, Its Debt-to-Equity ratio is 0.40 whereas as Long-Term Debt/Eq ratio is at 0.40.

Upgrades & Downgrades

On July 14, 2020, B. Riley FBR started tracking the stock assigning a Buy rating and target price of $14.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Dec 30 when KASS DOUGLAS bought 10,250 shares for $0.28 per share. The transaction valued at 2,876 led to the insider holds 255,250 shares of the business.

KASS DOUGLAS bought 5,000 shares of ASPU for $1,414 on Dec 29. The Director now owns 245,000 shares after completing the transaction at $0.28 per share. On Dec 28, another insider, KASS DOUGLAS, who serves as the Director of the company, bought 7,000 shares for $0.27 each. As a result, the insider paid 1,870 and bolstered with 240,000 shares of the company.

Valuation Measures:

For the stock, the TTM Price-to-Sale (P/S) ratio is 0.05 while its Price-to-Book (P/B) ratio in mrq is 0.09.

Stock Price History:

Over the past 52 weeks, ASPU has reached a high of $1.91, while it has fallen to a 52-week low of $0.11. The 50-Day Moving Average of the stock is 0.2530, while the 200-Day Moving Average is calculated to be 0.5713.

Shares Statistics:

For the past three months, ASPU has traded an average of 467.07K shares per day and 1.5M over the past ten days. A total of 25.28M shares are outstanding, with a floating share count of 20.49M. Insiders hold about 0.10% of the company’s shares, while institutions hold 37.30% stake in the company. Shares short for ASPU as of Jan 30, 2023 were 87.83k with a Short Ratio of 0.08M, compared to 136.32k on Dec 29, 2022. Therefore, it implies a Short% of Shares Outstanding of 0.35% and a Short% of Float of 0.37%.

Earnings Estimates

There are 1 different market analysts currently analyzing its stock. On average, analysts expect EPS of -$0.07 for the current quarter, with a high estimate of -$0.07 and a low estimate of -$0.07, while EPS last year was -$0.12. The consensus estimate for the next quarter is -$0.05, with high estimates of -$0.05 and low estimates of -$0.05.

Analysts are recommending an EPS of between -$0.31 and -$0.31 for the fiscal current year, implying an average EPS of -$0.31. EPS for the following year is -$0.24, with 1 analysts recommending between -$0.24 and -$0.24.

Revenue Estimates

A total of 2 analysts believe the company’s revenue will be $14.5M this quarter.It ranges from a high estimate of $14.6M to a low estimate of $14.4M. As of the current estimate, Aspen Group Inc.’s year-ago sales were $18.95M, an estimated decrease of -23.50% from the year-ago figure. For the next quarter, 2 analysts are estimating revenue of $14.35M, a decrease of -25.90% less than the figure of -$23.50% in the same quarter last year. There is a high estimate of $15M for the next quarter, whereas the lowest estimate is $13.7M.

A total of 2 analysts have provided revenue estimates for ASPU’s current fiscal year. The highest revenue estimate was $65.57M, while the lowest revenue estimate was $64.1M, resulting in an average revenue estimate of $64.83M. In the same quarter a year ago, actual revenue was $76.69M, down -15.50% from the average estimate. Based on 2 analysts’ estimates, the company’s revenue will be $53M in the next fiscal year. The high estimate is $53.7M and the low estimate is $52.3M. The average revenue growth estimate for next year is down -18.20% from the average revenue estimate for this year.