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

Pearson plc (LON:PSON) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 1,055.92 and traded as high as GBX 1,240. Pearson shares last traded at GBX 1,231, with a volume of 1,374,473 shares changing hands.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on PSON shares. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a GBX 1,033 target price on shares of Pearson in a report on Tuesday, May 5th. JPMorgan Chase & Co. cut their price target on Pearson from GBX 1,430 to GBX 1,420 and set a “neutral” rating for the company in a research note on Tuesday, July 14th. One equities research analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of GBX 1,251.

Pearson Price Performance

The firm’s fifty day moving average price is GBX 1,171.08 and its 200-day moving average price is GBX 1,055.92. The company has a market capitalization of £7.39 billion, a price-to-earnings ratio of 24.28, a P/E/G ratio of 0.83 and a beta of 0.34. The company has a debt-to-equity ratio of 40.60, a current ratio of 2.00 and a quick ratio of 1.07.

About Pearson

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.