Apollo Group Stock Hits New 52-Week Low (APOL)

NEW YORK ( TheStreet) -- Apollo Group (Nasdaq: APOL) hit a new 52-week low Wednesday as it is currently trading at $36.90, below its previous 52-week low of $37.08 with 657,675 shares traded as of 10 a.m. ET. Average volume has been two million shares over the past 30 days.

Apollo Group has a market cap of $7 billion and is part of the services sector and diversified services industry. Shares are down 29.8% year to date as of the close of trading on Tuesday.

Apollo Group, Inc., through its subsidiaries, provides online and on-campus educational programs and services at the undergraduate, master's, and doctoral levels. The company has a P/E ratio of 8.7, below the average diversified services industry P/E ratio of 15.6 and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Apollo Group as a hold. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, largely solid financial position with reasonable debt levels by most measures and notable return on equity. However, as a counter to these strengths, we find that the stock has had a generally disappointing performance in the past year. You can view the full Apollo Group Ratings Report.

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