Pearson (NYSE:PSO) Stock Price Crosses Above 200-Day Moving Average – Time to Sell?

Pearson, PLC (NYSE:PSO)’s share price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $14.17 and traded as high as $16.57. Pearson shares last traded at $16.4450, with a volume of 578,192 shares.

Analyst Ratings Changes

PSO has been the topic of several recent analyst reports. Weiss Ratings upgraded shares of Pearson from a “hold (c+)” rating to a “buy (b-)” rating in a report on Thursday, June 4th. Wall Street Zen lowered Pearson from a “buy” rating to a “hold” rating in a report on Monday, May 18th. Finally, JPMorgan Chase & Co. restated a “neutral” rating on shares of Pearson in a research note on Tuesday, July 14th. Two investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold”.

Pearson Price Performance

The company has a debt-to-equity ratio of 0.39, a current ratio of 2.00 and a quick ratio of 1.94. The company’s 50 day moving average is $15.66 and its two-hundred day moving average is $14.17.

Institutional Trading of Pearson

Institutional investors and hedge funds have recently modified their holdings of the company. Morgan Stanley lifted its position in Pearson by 34.4% in the fourth quarter. Morgan Stanley now owns 3,971,424 shares of the company’s stock worth $55,759,000 after purchasing an additional 1,015,739 shares during the period. Goldman Sachs Group Inc. raised its stake in shares of Pearson by 13.4% in the 4th quarter. Goldman Sachs Group Inc. now owns 2,250,970 shares of the company’s stock valued at $31,604,000 after buying an additional 266,782 shares in the last quarter. Arrowstreet Capital Limited Partnership raised its stake in shares of Pearson by 72.5% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 1,645,461 shares of the company’s stock valued at $21,605,000 after buying an additional 691,339 shares in the last quarter. Invesco Ltd. lifted its holdings in shares of Pearson by 32.1% during the 4th quarter. Invesco Ltd. now owns 1,122,325 shares of the company’s stock worth $15,757,000 after acquiring an additional 272,995 shares during the period. Finally, Millennium Management LLC bought a new position in shares of Pearson during the 1st quarter worth about $11,546,000. 2.14% of the stock is currently owned by institutional investors.

About Pearson

Pearson plc is a global education company headquartered in London, England, with significant operations in North America, Europe, Asia, and Latin America. Tracing its roots back to 1844, Pearson evolved from its early beginnings into one of the world’s leading providers of educational content, digital learning tools, and assessment services. The company’s American subsidiary trades on the New York Stock Exchange under the symbol PSO.

Pearson’s core business encompasses a broad portfolio of products and services for learners, educators, and institutions.