Pearson (LON:PSON) Stock Price Crosses Above Two Hundred Day Moving Average – Should You Sell?

Shares of Pearson plc (LON:PSONGet Free Report) passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 1,010.95 and traded as high as GBX 1,125. Pearson shares last traded at GBX 1,123.50, with a volume of 1,236,614 shares trading hands.

Analysts Set New Price Targets

Several equities research analysts have issued reports on PSON shares. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a GBX 1,033 price target on shares of Pearson in a research note on Tuesday, May 5th. JPMorgan Chase & Co. lifted their price objective on shares of Pearson from GBX 1,420 to GBX 1,430 and gave the company an “overweight” rating in a research report on Thursday, April 9th. Two analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Pearson presently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 1,254.33.

Read Our Latest Research Report on PSON

Pearson Price Performance

The company has a debt-to-equity ratio of 52.00, a quick ratio of 1.07 and a current ratio of 2.00. The firm has a market cap of £6.79 billion, a P/E ratio of 22.16, a P/E/G ratio of 0.83 and a beta of 0.34. The firm’s fifty day moving average is GBX 1,056.35 and its 200 day moving average is GBX 1,010.95.

Pearson (LON:PSONGet Free Report) last posted its earnings results on Monday, March 2nd. The company reported GBX 64.50 earnings per share for the quarter. Pearson had a net margin of 9.37% and a return on equity of 9.26%.

Pearson Company Profile

(Get Free Report)

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.

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