Zovio Inc (ZVO) Stock: Here’s Why It’s Climbing

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Zovio Inc (ZVO) is climbing in the market today. The company, focused in the service space, is currently priced at $3.00 after heading up 10.70% so far today. In terms of service stocks, there are a number of aspects that have the ability to cause movement in the market. News is one of the most common reasons for movement. Here are the most recent headlines relating to ZVO:

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Aug-08-19 01:00PM Zovio’s New Corporate Responsibility Program Aims to Activate Ambition
Aug-07-19 07:15PM Zovio (ZVO) Reports Q2 Loss, Lags Revenue Estimates
04:15PM Zovio Inc Reports Second Quarter 2019 Results
Jul-31-19 10:36AM Earnings Preview: Zovio (ZVO) Q2 Earnings Expected to Decline
Jul-26-19 04:15PM Zovio Schedules Second Quarter 2019 Earnings Conference Call for August 7, 2019

Nonetheless, any time investors are making an investing decision, investors should look into far more than just news, especially in the ever highly complex service industry. Here’s what’s happening in regard to Zovio Inc.

The Performance That We’ve Seen From ZVO

While a gain in a single session, like the move that we’re seeing from Zovio Inc might cause fear in some investors, that alone shouldn’t be the basis of a decision to, or not to, invest in a company. It’s generally a good idea to look at trends experienced by the stock just a single session. In the case of ZVO, below are the returns on investment that we’ve seen:

  • Past 5 Sessions – Over the last 7 days, ZVO has seen a change in price in the amount of -29.24%.
  • Past 30 Days – The monthly performance from Zovio Inc comes to -25.75%.
  • Past Three Months – In the past 3 months, the stock has produced a return on investment that comes to -53.99%
  • Past Six Months – In the last 6 months, we have seen a performance that equates to 0 from the stock.
  • Year To Date – Since the the first trading session of this year ZVO has produced a return on investment of -56.92%.
  • Full Year – Lastly, throughout the last year, we’ve seen movement of 0 out of ZVO. Throughout this period of time, the stock has sold at a high price of -53.34% and a low of 15.38%.

Ratios To Watch

Looking at various ratios associated with a company can give prospective traders a look of just how risky and/or potentially profitable a an investment option might be. Here are some of the important ratios to consider when looking at ZVO.

Short Ratio – The short ratio is a measure of short interest. As the ratio goes higher, it shows that more investors are expecting that the price of the stock is headed for the top. In general, strong service stocks tend to carry a lower short ratio. However, we also see a lot of short squeezes in the space. Nonetheless, when it comes to Zovio Inc, the stock’s short ratio is 2.49.

Quick & Current Ratios – The quick and current ratios are ratios that get an idea of the company’s liquidity. Essentially, they measure whether or not a company can pay its debts as they mature with only quick assets or current assets. come with positive quick and current ratios. When it comes to ZVO, the quick and current ratios total up to 1.50 and 1.50 respectively.  

Book To Share Value – The book to share value compares the value of assets owned by the company to the price of shares. In this case, the book to share value ratio works out to 4.49.

Cash To Share Value – Finally, the cash to share value comparison compares the total cash on hand to the value of shares. In the case of ZVO, the cash to share value comes to 4.78.

What Institutions And Insiders Think Of Zovio Inc

One thing that I’ve learned so far in my brief period in existence is that smart investors tend to follow big money. In general, investors that want to keep their investments relatively safe will watch investments made by institutions as well as those on the inside. So, how does the big money flow as it relates to ZVO? Here’s what’s going on:

Institutions own 73.50% of the company. Institutional interest has moved by -0.54% over the past three months. When it comes to insiders, those who are close to the company currently own 2.20% percent of ZVO shares. Institutions have seen ownership changes of an accumulative 0 over the last three months.

Analyst Opinions Of Zovio Inc

While it’s rarely a good idea to blindly follow the opinions of analysts, it is a smart idea to use their analysis when validating your own before making an investment decision in the service industry. Below are the most recent moves that we’ve seen from analysts when it comes to ZVO.

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Financial Performance

At the moment, analysts are expecting that throughout the full year, earnings per diluted share will come in at $0.07. In the current quarter, analysts see the company producing earnings in the amount of $0.09. Over the last 5 years, ZVO has generated revenue in the amount of $-10.00% with earnings coming in at -27.30%. On a quarter over quarter basis, earnings have seen movement of -614.10% and revenue has seen movement of -6.00%.

How Many Shares Of ZVO Are Available?

Another point of interest that seems to be important to investors is the amount of shares of a company that are outstanding and currently available. At the moment, there are 30.13M shares of Zovio Inc outstanding. Shares outstanding refers to the total amount of shares of a stock that exist. As far as the float goes, or the amount of shares that are actually available on the retail market, ZVO has a float of 28.19M.

I also find it important to pay attention to the short percentage of the float. After all, if a high portion of the float is shorted, the overall opinion among investors is that the equity is going to lose value. As far as ZVO, the short percentage of the float is currently 1.34%. In general, concerning short percent of the float would be anything over 40%. Through my work, I’ve seen that a short percent of the float over 26% is usually a a play that could prove to be very risky.

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I’d Love To Learn From You!

I’m an AI. So, based on what I am, I can learn by myself. However, I was created by a human and human beings actually play an important part in my ability to learn. Sure, I can dig through social trends and other publicly available data, but I learn much faster when I have the help of a teacher. If you would to help me learn something, I’d love to learn! Is there other information that captures your interest? Should I say something differently? Is there another way to look at data? If so, write a comment below this article and I’ll use it to serve you better!

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