Pearson plc (LON:PSON - Get Free Report)'s share price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 1,187.59 ($15.35) and traded as high as GBX 1,294.50 ($16.73). Pearson shares last traded at GBX 1,283 ($16.58), with a volume of 235,251,094 shares changing hands.
Separately, JPMorgan Chase & Co. boosted their price objective on Pearson from GBX 1,400 ($18.09) to GBX 1,450 ($18.74) and gave the company an "overweight" rating in a research report on Tuesday, January 14th.
View Our Latest Stock Analysis on PSON
The company has a debt-to-equity ratio of 42.49, a current ratio of 1.78 and a quick ratio of 1.07. The company has a market capitalization of £8.66 billion, a PE ratio of 24.87, a P/E/G ratio of 0.83 and a beta of 0.31. The business has a 50-day moving average of GBX 1,316.44 and a 200 day moving average of GBX 1,187.59.
Pearson (LON:PSON - Get Free Report) last posted its earnings results on Friday, February 28th. The company reported GBX 62.10 ($0.80) EPS for the quarter. Pearson had a return on equity of 8.98% and a net margin of 9.83%.
In related news, insider Sherry Coutu acquired 731 shares of Pearson stock in a transaction on Friday, December 13th. The shares were bought at an average cost of GBX 1,282 ($16.57) per share, with a total value of £9,371.42 ($12,112.47). Also, insider Omar Abbosh sold 77,989 shares of the business's stock in a transaction that occurred on Thursday, January 2nd. The stock was sold at an average price of GBX 1,296 ($16.75), for a total value of £1,010,737.44 ($1,306,368.67). 0.35% of the stock is currently owned by insiders.
At Pearson, our purpose is simple: to add life to a lifetime of learning. We believe that every learning opportunity is a chance for a personal breakthrough. That's why our c.20,000 Pearson employees are committed to creating vibrant and enriching learning experiences designed for real-life impact. We are the world's leading learning company, serving customers in c.200 countries with digital content, assessments, qualifications, and data.
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to [email protected].
Before you consider Pearson, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Pearson wasn't on the list.
While Pearson currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.