Pearson plc (NYSE:PSO - Get Free Report) shares reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $14.98 and last traded at $14.98, with a volume of 124188 shares traded. The stock had previously closed at $14.88.
Wall Street Analyst Weigh In
Several analysts have weighed in on the company. Citigroup upgraded Pearson to a "strong-buy" rating in a research report on Tuesday, July 30th. StockNews.com cut shares of Pearson from a "buy" rating to a "hold" rating in a research report on Monday, October 28th.
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Pearson Price Performance
The firm has a market cap of $9.93 billion, a P/E ratio of 16.93, a price-to-earnings-growth ratio of 2.53 and a beta of 0.39. The business has a 50-day simple moving average of $13.74 and a 200 day simple moving average of $13.04. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.72 and a current ratio of 1.78.
Hedge Funds Weigh In On Pearson
Institutional investors have recently bought and sold shares of the stock. Lester Murray Antman dba SimplyRich grew its holdings in Pearson by 8.6% in the first quarter. Lester Murray Antman dba SimplyRich now owns 31,440 shares of the company's stock worth $414,000 after purchasing an additional 2,499 shares during the period. Russell Investments Group Ltd. raised its stake in Pearson by 9,603.7% during the first quarter. Russell Investments Group Ltd. now owns 39,785 shares of the company's stock valued at $524,000 after buying an additional 39,375 shares during the last quarter. Henry James International Management Inc. boosted its holdings in Pearson by 9.8% in the first quarter. Henry James International Management Inc. now owns 296,744 shares of the company's stock worth $3,905,000 after acquiring an additional 26,411 shares in the last quarter. SageView Advisory Group LLC purchased a new stake in shares of Pearson in the first quarter worth $42,000. Finally, O Shaughnessy Asset Management LLC bought a new position in shares of Pearson during the first quarter valued at $227,000. 2.14% of the stock is owned by institutional investors.
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.
Further Reading
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