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 Friday . The stock has a 200-day moving average of $13.78 and traded as high as $14.95. Pearson shares last traded at $14.8860, with a volume of 1,017,825 shares.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the company. Wall Street Zen downgraded Pearson from a “buy” rating to a “hold” rating in a report on Monday, May 18th. Weiss Ratings upgraded shares of Pearson from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday, June 4th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat, Pearson presently has an average rating of “Moderate Buy”.

Pearson Stock Up 0.0%

The company’s 50-day moving average is $14.86 and its two-hundred day moving average is $13.78. The company has a current ratio of 2.00, a quick ratio of 1.94 and a debt-to-equity ratio of 0.39.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the business. Optiver Holding B.V. bought a new position in shares of Pearson during the third quarter valued at $10,104,000. Paradigm Asset Management Co. LLC bought a new stake in Pearson in the 3rd quarter worth about $1,067,000. Hantz Financial Services Inc. raised its position in Pearson by 215.5% in the 4th quarter. Hantz Financial Services Inc. now owns 54,770 shares of the company’s stock worth $769,000 after buying an additional 37,413 shares during the last quarter. Abacus Wealth Partners LLC purchased a new position in Pearson in the 4th quarter worth about $1,034,000. Finally, QRG Capital Management Inc. lifted its stake in Pearson by 30.1% during the 4th quarter. QRG Capital Management Inc. now owns 156,839 shares of the company’s stock valued at $2,202,000 after acquiring an additional 36,302 shares during the period. Hedge funds and other institutional investors own 2.14% of the company’s stock.

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.