American Public Education (NASDAQ:APEI) Shares Pass Above 200 Day Moving Average - What's Next?

American Public Education, Inc. (NASDAQ:APEI - Get Free Report) shares crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $17.47 and traded as high as $21.00. American Public Education shares last traded at $20.67, with a volume of 63,747 shares trading hands.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on the company. Truist Financial boosted their price target on American Public Education from $15.00 to $20.00 and gave the stock a "hold" rating in a research note on Thursday, November 14th. Barrington Research boosted their target price on American Public Education from $18.00 to $24.00 and gave the stock an "outperform" rating in a research report on Wednesday, November 13th. B. Riley raised their price target on shares of American Public Education from $22.00 to $25.00 and gave the company a "buy" rating in a report on Thursday, November 7th. Finally, StockNews.com upgraded shares of American Public Education from a "hold" rating to a "buy" rating in a research note on Thursday, January 2nd.

American Public Education Stock Up 3.8 %

The company has a market cap of $379.88 million, a P/E ratio of 38.30, a price-to-earnings-growth ratio of 0.96 and a beta of 1.29. The company has a quick ratio of 2.65, a current ratio of 2.65 and a debt-to-equity ratio of 0.37. The company has a fifty day moving average of $20.57 and a 200 day moving average of $17.49.

Hedge Funds Weigh In On American Public Education

Institutional investors have recently made changes to their positions in the business. Quarry LP increased its holdings in American Public Education by 94.0% during the second quarter. Quarry LP now owns 4,666 shares of the company's stock valued at $82,000 after buying an additional 2,261 shares during the last quarter. MetLife Investment Management LLC grew its position in shares of American Public Education by 129.1% during the 3rd quarter. MetLife Investment Management LLC now owns 9,206 shares of the company's stock valued at $136,000 after acquiring an additional 5,187 shares during the period. Principal Financial Group Inc. purchased a new stake in shares of American Public Education in the 3rd quarter worth $165,000. FMR LLC raised its holdings in American Public Education by 350.3% in the 3rd quarter. FMR LLC now owns 11,658 shares of the company's stock worth $172,000 after purchasing an additional 9,069 shares during the period. Finally, Martingale Asset Management L P purchased a new position in American Public Education during the third quarter valued at $189,000. Institutional investors own 79.62% of the company's stock.

About American Public Education

American Public Education, Inc, together with its subsidiaries, provides online and campus-based postsecondary education and career learning in the United States. It operates through three segments: American Public University System, Rasmussen University, and Hondros College of Nursing. The company offers 184 degree programs and 134 certificate programs in various fields of study, including nursing, national security, military studies, intelligence, homeland security, business, health science, information technology, justice studies, education, and liberal arts; and career learning opportunities in leadership, finance, human resources, and other fields of study critical to the federal government workforce.