Pearson plc (LON:PSON - Get Free Report) shares reached a new 52-week high on Friday . The company traded as high as GBX 1,390.50 ($17.53) and last traded at GBX 1,374 ($17.32), with a volume of 2710734 shares. The stock had previously closed at GBX 1,335.50 ($16.83).
Analysts Set New Price Targets
Separately, JPMorgan Chase & Co. raised their price objective on shares of Pearson from GBX 1,400 ($17.65) to GBX 1,450 ($18.28) and gave the company an "overweight" rating in a research note on Tuesday, January 14th.
Read Our Latest Report on PSON
Pearson Trading Down 0.8 %
The company has a market capitalization of £9.12 billion, a P/E ratio of 26.17, a PEG ratio of 0.83 and a beta of 0.31. The business has a 50 day moving average price of GBX 1,311.50 and a 200 day moving average price of GBX 1,181.36. The company has a current ratio of 1.78, a quick ratio of 1.07 and a debt-to-equity ratio of 42.49.
Pearson (LON:PSON - Get Free Report) last issued its earnings results on Friday, February 28th. The company reported GBX 62.10 ($0.78) EPS for the quarter. Pearson had a net margin of 9.83% and a return on equity of 8.98%.
Insider Activity at Pearson
In related news, insider Sherry Coutu acquired 731 shares of the company's stock in a transaction that occurred on Friday, December 13th. The shares were acquired at an average cost of GBX 1,282 ($16.16) per share, for a total transaction of £9,371.42 ($11,813.21). Also, insider Omar Abbosh sold 77,989 shares of the business's stock in a transaction on Thursday, January 2nd. The shares were sold at an average price of GBX 1,296 ($16.34), for a total transaction of £1,010,737.44 ($1,274,092.32). 0.35% of the stock is owned by corporate insiders.
Pearson Company Profile
(
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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.20,000 Pearson employees are committed to creating vibrant and enriching learning experiences designed for real-life impact. We are the world's leading learning company, serving customers in c.200 countries with digital content, assessments, qualifications, and data.
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