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

Pearson plc (LON:PSON) crossed 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.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on PSON. JPMorgan Chase & Co. increased their target price 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 reissued a “hold” rating and set a GBX 1,033 target price on shares of Pearson in a research note on Tuesday, May 5th. Two analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of GBX 1,254.33.

Pearson Stock Performance

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

Pearson (LON:PSON) last released its quarterly earnings data 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

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.