News Watch-List: Scholastic Corporation (NASDAQ: SCHL)

Scholastic Corporation (NASDAQ: SCHL) spotted trading -31.16% off 52-week high price. On the other end, the stock has been noted 5.16% away from the low price over the last 52-weeks. The stock changed -2.11% to recent value of $33. The stock transacted 111031 shares during most recent day however it has an average volume of 156.19K shares. The company has 35.42M of outstanding shares and 29.87M shares were floated in the market.

July 24, 2019, Scholastic Corporation (NASDAQ: SCHL) is pleased to announce that its Board of Directors declared a quarterly cash dividend of $0.15 per share on the Company’s Class A and Common Stock for the first quarter of fiscal 2020.  The dividend is payable on September 16, 2019 to all shareholders of record as of the close of business on August 30, 2019.

About Scholastic:

Scholastic Corporation (NASDAQ: SCHL) is the world’s largest publisher and distributor of children’s books, a leading provider of literacy curriculum, professional services and classroom magazines, and a producer of educational and entertaining children’s media. The Company creates and distributes quality books and e-books, print and technology-based learning programs for pre-K to grade 12 and other products and services that support children’s learning and literacy both in school and at home. With 14 international operations and exports to 165 countries, Scholastic makes quality, affordable books available to all children around the world through school-based book clubs and book fairs, classroom libraries, school and public libraries, retail and online. True to its mission of 99 years to encourage the personal and intellectual growth of all children beginning with literacy, the Company has earned a reputation as a trusted partner to educators and families.

Its earnings per share (EPS) expected to touch remained -98.70% for this year while earning per share for the next 5-years is expected to reach at 9.10%. SCHL has a gross margin of 53.90% and an operating margin of 4.00% while its profit margin remained 2.90% for the last 12 months.

According to the most recent quarter its current ratio was 1.6 that represents company’s ability to meet its current financial obligations. The price moved ahead of -0.12% from the mean of 20 days, -3.11% from mean of 50 days SMA and performed -17.35% from mean of 200 days price. Company’s performance for the week was 0.21%, 0.06% for month and YTD performance remained -18.03%.

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