StockNews.com Begins Coverage on Zovio (NYSE:ZVO)

Equities research analysts at StockNews.com assumed coverage on shares of Zovio (NYSE:ZVO) in a report issued on Monday. The brokerage set a “hold” rating on the stock.

Zovio Stock Down 22.7 %

Shares of ZVO stock opened at $0.09 on Monday. The company has a market cap of $3.18 million, a P/E ratio of -0.08 and a beta of 1.36. The business’s 50-day moving average is $0.01. Zovio has a 52 week low of $0.08 and a 52 week high of $1.79.

Zovio Company Profile

Zovio, Inc operates as an education technology services company that partners with higher education institutions and employers to deliver solutions and learning experiences. It provides student recruitment and enrollment systems, retention strategies, educational tools, and curriculums. The company was founded by Wayne Clugston and Andrew S.