The internet giant Google Inc (NASDAQ:GOOG) in its recent attempt is going to launch a Chinese-language version of YouTube EDU.
Through this platform the internet giant will provide new service for the Taiwan market of online video taped lessons for learning by Internet users around the globe. This YouTube EDU service will be provided through 1,000 channels with about 850,000 courses available, according to Google Taiwan.
According to Google Taiwan, in this new service of Google three local universities are working with internet giant including, National Tsing Hua, National Chiao Tung and National Taiwan University.
These universities have uploaded 140 plus courses on the subject of mathematics, sciences and literature to YouTube EDU. And through this new service foreign students will also seek help for learning Taiwanese culture.
Coming to the stock performance in last Session; Google Inc (NASDAQ:GOOG) in last trading session end up at $801.19 by rising up 0.88% with traded volume of 1.80 million shares which is down the average volume of 2.24 million shares.
The stock price saw week’s volatility of 1.13% and month’s volatility is 1.18%, while the stock price of the company is moving down from its 20 days moving average with -2.05% and isolated positively from 50 days moving average with 1.70%.
Looking at Analytic Ratios; the price to sales ratio of GOOG in past twelve months was calculated as 5.26 and price to cash ratio as 5.49. Company return on equity ratio is recorded as 16.61% and its return on assets is 12.97%.
GOOG belongs to Technology sector. Yesterday Dow Jones U.S. Technology Index (STC) was at 745.33 with -1.14% change.