Pearson plc (LON:PSON) insider Sidney Taurel acquired 100,000 shares of the company’s stock in a transaction dated Monday, March 23rd. The shares were bought at an average price of GBX 538 ($7.08) per share, for a total transaction of £538,000 ($707,708.50).
Shares of Pearson stock opened at GBX 486.90 ($6.40) on Friday. The company has a debt-to-equity ratio of 39.39, a quick ratio of 1.06 and a current ratio of 2.13. The firm’s 50-day simple moving average is GBX 550.37 and its 200-day simple moving average is GBX 648.08. Pearson plc has a twelve month low of GBX 6.87 ($0.09) and a twelve month high of GBX 951.20 ($12.51). The firm has a market cap of $3.83 billion and a P/E ratio of 14.32.
The firm also recently announced a dividend, which will be paid on Thursday, May 7th. Stockholders of record on Thursday, March 26th will be given a dividend of GBX 13.50 ($0.18) per share. This is a positive change from Pearson’s previous dividend of $6.00. This represents a dividend yield of 2.4%. The ex-dividend date is Thursday, March 26th. Pearson’s payout ratio is 0.59%.
Pearson plc provides educational products and services to institutions, governments, professional bodies, and individual learners worldwide. The company operates through North America, Core, and Growth segments. It offers courseware services, including curriculum materials provided in book form and/or through access to digital content; and assessments, such as test development, processing, and scoring services.
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