Pearson plc (LON:PSON - Get Free Report)'s stock price reached a new 52-week high on Wednesday after JPMorgan Chase & Co. raised their price target on the stock from GBX 1,170 to GBX 1,400. JPMorgan Chase & Co. currently has an overweight rating on the stock. Pearson traded as high as GBX 1,263 ($16.14) and last traded at GBX 1,262.50 ($16.13), with a volume of 1605697 shares trading hands. The stock had previously closed at GBX 1,237.50 ($15.81).
Insider Buying and Selling
In related news, insider Sherry Coutu purchased 922 shares of Pearson stock in a transaction dated Monday, September 30th. The shares were acquired at an average price of GBX 1,017 ($12.99) per share, with a total value of £9,376.74 ($11,979.99). Insiders own 0.35% of the company's stock.
Pearson Price Performance
The company has a debt-to-equity ratio of 43.56, a quick ratio of 1.07 and a current ratio of 1.78. The company's fifty day moving average price is GBX 1,132.17 and its 200 day moving average price is GBX 1,050.14. The firm has a market capitalization of £8.49 billion, a price-to-earnings ratio of 2,516.00, a price-to-earnings-growth ratio of 0.83 and a beta of 0.31.
Pearson Company Profile
(
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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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