Pearson (LON:PSON) Stock Crosses Above 200 Day Moving Average – What’s Next?

Pearson plc (LON:PSON) crossed 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 traded.

Analyst Upgrades and Downgrades

PSON has been the topic of a number of research analyst reports. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a GBX 1,033 target price on shares of Pearson in a research note on Tuesday, May 5th. JPMorgan Chase & Co. decreased their price target on shares of 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 investment analyst has rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, Pearson presently has an average rating of “Hold” and a consensus price target of GBX 1,251.

Pearson Price Performance

The company has a current ratio of 2.00, a quick ratio of 1.07 and a debt-to-equity ratio of 40.60. The business has a 50-day moving average price of GBX 1,173.43 and a 200 day moving average price of GBX 1,057.03. The stock has a market cap of £7.23 billion, a PE ratio of 23.76, a PEG ratio of 0.83 and a beta of 0.34.

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.