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

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

Zovio Price Performance

Zovio has a 12 month low of $0.08 and a 12 month high of $1.79. The stock’s 50-day moving average is $0.01. The company has a market cap of $3.18 million, a PE ratio of -0.08 and a beta of 1.36.

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.