ZovioInc . (NYSE:ZVO) Given a $10.00 Price Target by Barrington Research Analysts

Barrington Research set a $10.00 price objective on ZovioInc . (NYSE:ZVO) in a research note released on Tuesday morning, TipRanks reports. The firm currently has a buy rating on the stock.

Separately, Zacks Investment Research upgraded shares of ZovioInc . from a strong sell rating to a hold rating in a research report on Tuesday, September 17th.

Shares of ZVO stock traded up $0.03 during trading hours on Tuesday, hitting $1.53. The company’s stock had a trading volume of 18,677 shares, compared to its average volume of 164,188. The stock has a fifty day moving average of $2.12. ZovioInc . has a twelve month low of $1.42 and a twelve month high of $10.55.

ZovioInc . (NYSE:ZVO) last released its quarterly earnings results on Wednesday, August 7th. The company reported ($0.15) EPS for the quarter, beating the consensus estimate of ($0.20) by $0.05. The business had revenue of $107.50 million during the quarter, compared to analyst estimates of $109.00 million. The company’s revenue was down 9.7% compared to the same quarter last year.

Several hedge funds have recently added to or reduced their stakes in ZVO. Menta Capital LLC acquired a new stake in ZovioInc . during the second quarter worth approximately $50,000. Tower Research Capital LLC TRC acquired a new stake in ZovioInc . during the second quarter worth approximately $76,000. Jane Street Group LLC acquired a new stake in ZovioInc . during the second quarter worth approximately $88,000. Walleye Trading Advisors LLC acquired a new stake in ZovioInc . during the second quarter worth approximately $98,000. Finally, Walleye Trading LLC acquired a new stake in ZovioInc . during the second quarter worth approximately $101,000.

ZovioInc . Company Profile

Zovio Inc operates as an education technology services company in the United States. The company provides data management and software to curriculum and financial aid, including enrollment, retention, academic, and tuition for higher education institutions; upskilling courses, degree programs, and certifications for employers; and programs, such as work at your own pace, certificates, micro-badge programs, and college degree programs for learners.

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