Pearson (LON:PSON) Shares Cross Above 200-Day Moving Average - Time to Sell?

Shares of Pearson plc (LON:PSON - Get Free Report) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 1,187.59 ($15.29) and traded as high as GBX 1,294.50 ($16.67). Pearson shares last traded at GBX 1,283 ($16.52), with a volume of 235,251,094 shares trading hands.

Analyst Upgrades and Downgrades

Separately, JPMorgan Chase & Co. raised their target price on shares of Pearson from GBX 1,400 ($18.02) to GBX 1,450 ($18.67) and gave the stock an "overweight" rating in a research note on Tuesday, January 14th.

Pearson Stock Performance

The company has a quick ratio of 1.07, a current ratio of 1.78 and a debt-to-equity ratio of 42.49. The business has a 50 day moving average price of GBX 1,316.30 and a two-hundred day moving average price of GBX 1,191.36. The stock has a market cap of £8.48 billion, a P/E ratio of 24.35, a price-to-earnings-growth ratio of 0.83 and a beta of 0.31.

Pearson (LON:PSON - Get Free Report) last posted its quarterly earnings results on Friday, February 28th. The company reported GBX 62.10 ($0.80) earnings per share for the quarter. Pearson had a return on equity of 8.98% and a net margin of 9.83%.

Insider Activity at Pearson

In other Pearson news, insider Sherry Coutu acquired 731 shares of the company's stock in a transaction on Friday, December 13th. The stock was acquired at an average cost of GBX 1,282 ($16.51) per share, with a total value of £9,371.42 ($12,065.69). Also, insider Omar Abbosh sold 77,989 shares of the stock in a transaction dated Thursday, January 2nd. The shares were sold at an average price of GBX 1,296 ($16.69), for a total transaction of £1,010,737.44 ($1,301,322.83). 0.35% of the stock is currently owned by corporate insiders.

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Pearson Company Profile

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.