Pearson (LON:PSON) Share Price Crosses Above Two Hundred Day Moving Average - Time to Sell?

Pearson plc (LON:PSON - Get Free Report)'s stock price passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 1,019.48 ($13.12) and traded as high as GBX 1,220 ($15.70). Pearson shares last traded at GBX 1,217.50 ($15.67), with a volume of 904,310 shares.

Analyst Upgrades and Downgrades

Separately, Shore Capital reaffirmed a "buy" rating on shares of Pearson in a research note on Monday, July 29th. Two research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to MarketBeat.com, Pearson currently has an average rating of "Moderate Buy" and an average target price of GBX 1,101.75 ($14.18).

Pearson Trading Down 0.5 %

The firm has a market capitalization of £8.05 billion, a PE ratio of 2,433.00, a price-to-earnings-growth ratio of 0.83 and a beta of 0.31. The company's 50-day simple moving average is GBX 1,066.24 and its 200 day simple moving average is GBX 1,019.48. The company has a quick ratio of 1.07, a current ratio of 1.78 and a debt-to-equity ratio of 43.56.

Insider Buying and Selling at Pearson

In related news, insider Sherry Coutu acquired 922 shares of the business's stock in a transaction dated Monday, September 30th. The shares were purchased at an average price of GBX 1,017 ($13.09) per share, for a total transaction of £9,376.74 ($12,066.32). Insiders own 0.35% of the company's stock.

About Pearson

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.