Pearson (LON:PSON) Stock Crosses Above Two Hundred Day Moving Average – Time to Sell?

Pearson plc (LON:PSON)’s share price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 1,021.45 and traded as high as GBX 1,147. Pearson shares last traded at GBX 1,147, with a volume of 1,523,358 shares trading hands.

Analyst Ratings Changes

PSON has been the subject of a number of recent research reports. JPMorgan Chase & Co. increased their price objective on shares of Pearson from GBX 1,420 to GBX 1,430 and gave the stock an “overweight” rating in a research note on Thursday, April 9th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a GBX 1,033 price target on shares of Pearson in a research report on Tuesday, May 5th. Two research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of GBX 1,254.33.

Pearson Trading Up 0.9%

The company has a market cap of £6.89 billion, a P/E ratio of 22.62, a P/E/G ratio of 0.83 and a beta of 0.34. The business’s 50-day moving average price is GBX 1,094.25 and its 200 day moving average price is GBX 1,021.45. The company has a debt-to-equity ratio of 52.00, a quick ratio of 1.07 and a current ratio of 2.00.

Pearson Company Profile

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.17,000 Pearson employees are committed to creating vibrant and enriching learning experiences designed for real-life impact. We serve customers in over 40 countries, supporting lifelong learning through world-class assessments and learning experiences, and trusted certifications and credentialing. For us, learning isn’t just what we do.