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

Equities researchers at StockNews.com started coverage on shares of Zovio (NYSE:ZVO) in a research note issued to investors on Saturday. The firm set a “hold” rating on the stock.

Zovio Stock Performance

Shares of ZVO stock opened at $40.38 on Friday. The company has a market cap of $1.38 billion, a price-to-earnings ratio of -32.83 and a beta of 1.36. 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.