2U, Inc. (NASDAQ: TWOU) spotted trading -77.57% off 52-week high price. On the other end, the stock has been noted 68.95% away from the low price over the last 52-weeks. The stock changed -5.93% to recent value of $19.21. The stock transacted 3790684 shares during most recent day however it has an average volume of 2770.09K shares. The company has 63.79M of outstanding shares and 61.95M shares were floated in the market.
2U, Inc. (NASDAQ: TWOU), a global leader in education technology, announced it will begin to offer a deferred tuition plan in collaboration with its partners. Online students in Simmons University’s School of Nursing will be the first students eligible to apply for the new deferred tuition payments, representing the first master’s degree in the U.S. to offer income-based tuition payments without interest. The move is part of a broader effort by 2U to extend deferred tuition benefits across its portfolio of degree programs.
“The deferred tuition plan introduced today by 2U and Simmons Nursing demonstrates our joint commitment to investing directly in student outcomes, while keeping interest payments at the absolute minimum: zero,” 2U Co-Founder and CEO Christopher “Chip” Paucek said. “It’s our intent to bring deferred tuition options to as many students as possible. This is an extremely student-friendly payment model and a powerful example of how 2U’s scale enables us to work with our university partners to make their high-quality programs more affordable.”
The deferred tuition plan for [email protected] offers U.S.-based students a simple way to lower the upfront cost of the program:
Eligible students may defer up to 50% of total tuition until after graduation.
After graduation, income-based payments will not rise above 10% of yearly income.
The plan has zero interest charges. Students only pay what they defer.
“As the demand for nurses rises across the country, it’s imperative that we try innovative ways of making nursing degrees accessible to more people who can contribute their skills to the profession,” Simmons University President Helen Drinan said. “Bringing our master’s in nursing degree online with the help of 2U was a first step. We believe that an income-based deferred tuition plan will open the door for a wider, more diverse audience of people to choose this important career path.”
Its earnings per share (EPS) expected to touch remained -14.50% for this year while earning per share for the next 5-years is expected to reach at 25.00%. TWOU has a gross margin of 59.90% and an operating margin of -16.50% while its profit margin remained -11.40% for the last 12 months.
According to the most recent quarter its current ratio was 2.2 that represents company’s ability to meet its current financial obligations. The price moved ahead of 6.76% from the mean of 20 days, -22.79% from mean of 50 days SMA and performed -59.76% from mean of 200 days price. Company’s performance for the week was 6.19%, 22.98% for month and YTD performance remained -61.36%.
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