Pearson (LON:PSON) Hits New 1-Year Low – Should You Sell?

Pearson plc (LON:PSON) reached a new 52-week low during mid-day trading on Thursday . The company traded as low as GBX 1,020.50 and last traded at GBX 1,021, with a volume of 4846620 shares. The stock had previously closed at GBX 1,053.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on the company. Deutsche Bank Aktiengesellschaft dropped their price target on Pearson from GBX 1,260 to GBX 1,140 and set a “hold” rating on the stock in a research report on Friday, August 1st. JPMorgan Chase & Co. reissued an “overweight” rating on shares of Pearson in a report on Wednesday, October 15th. One research analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, Pearson has a consensus rating of “Moderate Buy” and an average price target of GBX 1,295.

Pearson Stock Performance

The stock has a 50 day moving average of GBX 1,061.77 and a two-hundred day moving average of GBX 1,092.29. The stock has a market capitalization of £6.28 billion, a PE ratio of 15.07, a P/E/G ratio of 0.83 and a beta of 0.31. The company has a debt-to-equity ratio of 42.49, a current ratio of 1.78 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.