Shares of SCHL fell by 3.01% or $-0.92/share to $29.63. NASDAQ is trading at a price to book ratio of 1.21. This indicates that the shares are relatively cheap compared to book value which means the market is pricing in going concern value. The PEG is 1.27. The price to sales ratio came in at 0.47. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 328687 shares of SCHL exchange hands on a given day and today's volume is recorded at 666660. These factors combined may make this company a potential takeover candidate. Lookout for any takeover chatter or takeover news regarding this stock as one of the bigger players may have an eye on this one.
Scholastic Corporation (Scholastic) together with its subsidiaries is a global children?s publishing, education and media company.
