Pearson (NYSE:PSO) Shares Gap Down - What's Next?

Pearson plc (NYSE:PSO - Get Free Report)'s share price gapped down before the market opened on Thursday . The stock had previously closed at $15.91, but opened at $15.51. Pearson shares last traded at $15.57, with a volume of 88,980 shares.

Analyst Ratings Changes

Separately, StockNews.com downgraded shares of Pearson from a "buy" rating to a "hold" rating in a research report on Friday, November 15th.

Pearson Trading Up 0.4 %

The firm has a fifty day moving average of $15.76 and a 200 day moving average of $14.32. 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 made changes to their positions in the company. Crossmark Global Holdings Inc. boosted its holdings in Pearson by 0.7% during the fourth quarter. Crossmark Global Holdings Inc. now owns 154,460 shares of the company's stock worth $2,490,000 after buying an additional 1,122 shares in the last quarter. Ballentine Partners LLC boosted its stake in shares of Pearson by 13.7% during the 4th quarter. Ballentine Partners LLC now owns 33,042 shares of the company's stock worth $533,000 after acquiring an additional 3,990 shares in the last quarter. GAMMA Investing LLC boosted its stake in shares of Pearson by 78.5% during the 4th quarter. GAMMA Investing LLC now owns 8,869 shares of the company's stock worth $143,000 after acquiring an additional 3,901 shares in the last quarter. Versant Capital Management Inc purchased a new position in shares of Pearson in the 4th quarter valued at about $26,000. Finally, JPMorgan Chase & Co. raised its holdings in Pearson by 244.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 15,278 shares of the company's stock worth $207,000 after purchasing an additional 10,841 shares during the period. 2.14% of the stock is owned by hedge funds and other institutional investors.

Pearson Company Profile

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.