Royce & Associates LP bought a new position in shares of Aspen Group Inc (NASDAQ:ASPU) in the third quarter, according to the company in its most recent filing with the SEC. The firm bought 87,980 shares of the technology company’s stock, valued at approximately $553,000. Royce & Associates LP owned approximately 0.65% of Aspen Group as of its most recent SEC filing.

Separately, P.A.W. Capital Corp acquired a new stake in Aspen Group in the 3rd quarter valued at about $1,570,000. Institutional investors own 5.88% of the company’s stock.

Shares of Aspen Group Inc (ASPU) opened at $8.42 on Friday. The company has a debt-to-equity ratio of 0.58, a current ratio of 3.12 and a quick ratio of 3.12. The firm has a market cap of $114.46, a PE ratio of -56.13 and a beta of -0.15. Aspen Group Inc has a 1 year low of $2.76 and a 1 year high of $9.25.

Several equities research analysts have weighed in on ASPU shares. Roth Capital started coverage on shares of Aspen Group in a research report on Friday, October 6th. They issued a “buy” rating and a $10.00 price objective for the company. Zacks Investment Research upgraded shares of Aspen Group from a “sell” rating to a “hold” rating in a research report on Friday, November 10th. Finally, Taglich Brothers restated a “speculative buy” rating on shares of Aspen Group in a research report on Tuesday, December 19th.

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Aspen Group Profile

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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