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

Research analysts at StockNews.com assumed coverage on shares of Zovio (NYSE:ZVO - Get Free Report) in a report issued on Friday. The brokerage set a "hold" rating on the stock.Zovio Stock Up 1.0 %Zovio stock opened at $39.00 on Friday. Zovio has a 1-year low of $0.08 and a 1-year high of $1.79. The firm has a market capitalization of $1.33 billion, a PE ratio of -31.71 and a beta of 1.36. About Zovio (Get Free Report)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.Further ReadingFive stocks we like better than ZovioWhat is Insider Trading? What You Can Learn from Insider TradingIBM's AI Offensive: Assessing IBM's Path to Renewed Growth3 Small Caps With Big Return PotentialRockwell Automation: Tailwinds From Onshoring U.S. ProductionInvesting in the High PE Growth Stocks Is Energy Transfer Undervalued or a Value Trap?This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Zovio Right Now?Before you consider Zovio, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Zovio wasn't on the list.While Zovio currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here