Pearson plc (LON:PSON - Get Free Report)'s share price reached a new 52-week high during mid-day trading on Monday . The stock traded as high as GBX 1,160.13 ($15.05) and last traded at GBX 1,156 ($14.99), with a volume of 1487039 shares changing hands. The stock had previously closed at GBX 1,158 ($15.02).
Wall Street Analyst Weigh In
Several brokerages have recently weighed in on PSON. Citigroup reiterated a "buy" rating and set a GBX 1,170 ($15.17) price objective on shares of Pearson in a report on Monday, July 8th. Shore Capital restated a "buy" rating on shares of Pearson in a report on Monday, July 29th. Two investment analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of GBX 1,101.75 ($14.29).
Read Our Latest Research Report on Pearson
Pearson Price Performance
The company has a current ratio of 1.78, a quick ratio of 1.07 and a debt-to-equity ratio of 43.56. The firm has a market cap of £7.68 billion, a P/E ratio of 2,312.00, a PEG ratio of 0.83 and a beta of 0.31. The firm has a 50-day simple moving average of GBX 1,048.73 and a 200-day simple moving average of GBX 1,011.83.
Insiders Place Their Bets
In related news, insider Sherry Coutu acquired 922 shares of Pearson stock in a transaction that occurred on Monday, September 30th. The stock was purchased at an average price of GBX 1,017 ($13.19) per share, for a total transaction of £9,376.74 ($12,160.21). 0.35% of the stock is currently owned by insiders.
About Pearson
(
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Pearson plc offers educational courseware, assessments, and services in the United Kingdom, the United States, Canada, the Asia Pacific, other European countries, and internationally. The company operates through five segments: Assessment & Qualifications, Virtual Learning, English Language Learning, Workforce Skills, and Higher Education.
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