Pearson (LON:PSON) Share Price Crosses Above 200-Day Moving Average – Should You Sell?

Pearson plc (LON:PSON) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 1,100.49 and traded as high as GBX 1,234.50. Pearson shares last traded at GBX 1,217.50, with a volume of 948,466 shares changing hands.

Analyst Ratings Changes

A number of research analysts have recently weighed in on PSON shares. Deutsche Bank Aktiengesellschaft increased their price objective on Pearson from GBX 1,033 to GBX 1,130 and gave the company a “hold” rating in a report on Monday, August 3rd. JPMorgan Chase & Co. cut their price target on shares of Pearson from GBX 1,430 to GBX 1,420 and set a “neutral” rating on the stock in a report on Tuesday, July 14th. One equities research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Pearson has a consensus rating of “Hold” and an average target price of GBX 1,283.33.

Pearson Stock Performance

The company has a debt-to-equity ratio of 52.56, a current ratio of 2.00 and a quick ratio of 1.07. The company has a market capitalization of £7.42 billion, a PE ratio of 24.67, a price-to-earnings-growth ratio of 0.83 and a beta of 0.34. The firm’s fifty day simple moving average is GBX 1,221.63 and its 200 day simple moving average is GBX 1,102.82.

Pearson (LON:PSON) last released its quarterly earnings data on Friday, July 31st. The company reported GBX 28.90 earnings per share for the quarter. Pearson had a return on equity of 9.13% and a net margin of 8.78%.

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. For us, learning isn’t just what we do.