ZovioInc . (NYSE:ZVO) Price Target Raised to $10.00 at Barrington Research

ZovioInc . (NYSE:ZVO) had its price objective raised by Barrington Research from $8.00 to $10.00 in a report released on Monday morning, The Fly reports. Barrington Research currently has an outperform rating on the stock.

Separately, Zacks Investment Research cut shares of ZovioInc . from a hold rating to a sell rating in a report on Saturday, June 27th.

NYSE:ZVO traded up $1.16 during trading hours on Monday, hitting $6.22. The company’s stock had a trading volume of 95,454 shares, compared to its average volume of 262,643. ZovioInc . has a 52-week low of $1.08 and a 52-week high of $5.27. The stock has a fifty day moving average of $3.35 and a 200-day moving average of $2.24.

ZovioInc . (NYSE:ZVO) last released its quarterly earnings data on Monday, August 3rd. The company reported $0.24 EPS for the quarter, beating analysts’ consensus estimates of $0.11 by $0.13.

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Bank of New York Mellon Corp grew its stake in ZovioInc . by 131.2% during the 1st quarter. Bank of New York Mellon Corp now owns 47,883 shares of the company’s stock worth $79,000 after buying an additional 27,176 shares during the last quarter. First Trust Advisors LP grew its position in shares of ZovioInc . by 14.0% during the second quarter. First Trust Advisors LP now owns 64,283 shares of the company’s stock worth $197,000 after acquiring an additional 7,878 shares during the last quarter. HighTower Advisors LLC purchased a new position in shares of ZovioInc . during the first quarter worth approximately $213,000. Finally, Prescott Group Capital Management L.L.C. increased its holdings in shares of ZovioInc . by 4.0% in the 1st quarter. Prescott Group Capital Management L.L.C. now owns 2,054,337 shares of the company’s stock valued at $3,390,000 after acquiring an additional 79,319 shares during the period.

ZovioInc . Company Profile

Zovio Inc operates as an education technology services company in the United States. The company provides data management and software to curriculum and financial aid, including enrollment, retention, academic, and tuition for higher education institutions; upskilling courses, degree programs, and certifications for employers; and programs, such as work at your own pace, certificates, micro-badge programs, and college degree programs for learners.

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