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

Research analysts at StockNews.com initiated coverage on shares of Zovio (NYSE:ZVO) in a research note issued to investors on Monday. The firm set a “hold” rating on the stock.

Zovio Trading Down 22.7 %

Shares of Zovio stock opened at $0.09 on Monday. The firm has a market cap of $3.18 million, a price-to-earnings ratio of -0.08 and a beta of 1.36. Zovio has a 12-month low of $0.08 and a 12-month high of $1.79.

About Zovio

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.