Stock News Update: Zovio Inc (NASDAQ:ZVO)

On 26 Sep 2019, Zovio Inc (NASDAQ:ZVO) spotted trading -69.52% off 52-week high price. On the other end, the stock has been noted -0.51% away from the low price over the last 52-weeks. The stock changed -1.51% to recent value of $1.96. The stock transacted 34579 shares during most recent day however it has an average volume of 95.28K shares. The company has 29.86M of outstanding shares and 28.28M shares were floated in the market.  

Zovio (ZVO) reported that TutorMe, a leading provider of 24/7 online tutoring services, has been selected as an on-demand homework service for students of Post University, based in Waterbury, Conn.

“We are honored to be selected by Post University because of their reputation for being focused on student success,” stated Myles Hunter, TutorMe CEO. “We will be able to help students both on campus and online with any subject they find challenging, increasing their chance of a positive outcome. Our technology connects students with a tutor in less than 30 seconds, and we provide many ways for tutors and students to collaborate one-on-one, including virtual whiteboards, screen sharing, video, and live editing.”

Its earnings per share (EPS) expected to touch remained -74.70% for this year while earning per share for the next 5-years is expected to reach at 15.00%. ZVO has a gross margin of 49.70% and an operating margin of -9.50% while its profit margin remained -8.50% for the last 12 months.   According to the most recent quarter its current ratio was 1.3 that represents company’s ability to meet its current financial obligations. The price moved ahead of -14.07% from the mean of 20 days, -32.83% from mean of 50 days SMA and performed -48.79% from mean of 200 days price. Company’s performance for the week was -8.84%, -2.00% for month and YTD performance remained -68.84%.

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