Pearson plc (NYSE:PSO - Get Free Report) shares reached a new 52-week high on Thursday . The company traded as high as $16.64 and last traded at $16.64, with a volume of 2786 shares traded. The stock had previously closed at $16.29.
Analyst Ratings Changes
PSO has been the subject of several research reports. The Goldman Sachs Group raised shares of Pearson to a "strong-buy" rating in a research note on Thursday. StockNews.com lowered Pearson from a "buy" rating to a "hold" rating in a research report on Friday, November 15th.
Read Our Latest Research Report on PSO
Pearson Stock Performance
The firm has a fifty day moving average price of $15.95 and a 200 day moving average price of $14.59. The company has a current ratio of 1.78, a quick ratio of 1.72 and a debt-to-equity ratio of 0.34.
Hedge Funds Weigh In On Pearson
Institutional investors have recently bought and sold shares of the company. Crossmark Global Holdings Inc. grew its stake in shares of Pearson by 0.7% in the 4th quarter. Crossmark Global Holdings Inc. now owns 154,460 shares of the company's stock valued at $2,490,000 after buying an additional 1,122 shares during the period. Allspring Global Investments Holdings LLC grew its position in Pearson by 86.9% in the third quarter. Allspring Global Investments Holdings LLC now owns 3,145 shares of the company's stock worth $43,000 after acquiring an additional 1,462 shares during the period. Versant Capital Management Inc acquired a new stake in Pearson during the fourth quarter worth $26,000. Truist Financial Corp increased its stake in Pearson by 15.9% during the fourth quarter. Truist Financial Corp now owns 11,842 shares of the company's stock worth $191,000 after acquiring an additional 1,625 shares during the last quarter. Finally, Signaturefd LLC raised its position in Pearson by 12.9% in the third quarter. Signaturefd LLC now owns 16,934 shares of the company's stock valued at $230,000 after purchasing an additional 1,939 shares during the period. 2.14% of the stock is owned by hedge funds and other institutional investors.
About Pearson
(
Get Free Report)
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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