Pearson PLC (ADR) (NYSE:PSO) a prominent learning company of the world stated that it will make an investment of $89.5 million for equity stake of 5% in Barnes & Noble Inc.’s (BKS) NOOK Media LLC, the digital dealings of bookseller that includes the tablets and NOOK e-reader.
Following this agreement, after closing the transaction Barnes & Noble will own almost 78.2% of the NOOK Media subsidiary and Microsoft, which also embraces preferred membership interests and will own around 16.8%.
Pearson PLC (ADR) (NYSE:PSO)’s stock on Dec 28, 2012 reported a decrease of -0.46% to the closing price of $19.28. Its fifty two weeks range was $17.09 -$20.48. The total market capitalization remained $15.73 billion.
The overall volume in the last trading session was 107,806.00 shares. In its share capital PSO has 817.03 million outstanding shares, among them 797.95 million shares have been floated in market exchange.
PSO is ahead of its 52 weeks low with +14.20% and lagging behind from its 52 weeks high price with -5.68%. PSO’s last month’s stock price volatility remained 0.93%. The stock price of PSO is moving up from its 20 days moving average with +0.04% and remote negatively from 50 days moving average with -0.66%.
Company’s beta coefficient included 0.75. Beta factor measures the amount of market risk associated with market trade.
PSO’s past twelve months’ price to sales ratio was 1.62 and price to cash ratio remained at 9.65. As far as the returns are concerned, PSO has 11.07% return on investment while its return on assets stayed at 9.07%.
