Pearson (LON:PSON) Stock Price Passes Above Two Hundred Day Moving Average – Should You Sell?

Pearson plc (LON:PSON) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 1,007.09 and traded as high as GBX 1,134. Pearson shares last traded at GBX 1,128.50, with a volume of 477,925,406 shares changing hands.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on the company. JPMorgan Chase & Co. lifted their target price on Pearson from GBX 1,420 to GBX 1,430 and gave the company an “overweight” rating in a research report on Thursday, April 9th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and set a GBX 1,033 price objective on shares of Pearson in a research report on Tuesday, May 5th. Two investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, Pearson currently has an average rating of “Moderate Buy” and an average target price of GBX 1,254.33.

Pearson Stock Performance

The stock’s 50-day simple moving average is GBX 1,045.76 and its 200 day simple moving average is GBX 1,008.38. The company has a debt-to-equity ratio of 52.00, a quick ratio of 1.07 and a current ratio of 2.00. The company has a market capitalization of £6.82 billion, a PE ratio of 22.23, a P/E/G ratio of 0.83 and a beta of 0.34.

Pearson (LON:PSON) last announced its quarterly earnings data on Monday, March 2nd. The company reported GBX 64.50 EPS for the quarter. Pearson had a net margin of 9.37% and a return on equity of 9.26%.

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.17,000 Pearson employees are committed to creating vibrant and enriching learning experiences designed for real-life impact. We serve customers in over 40 countries, supporting lifelong learning through world-class assessments and learning experiences, and trusted certifications and credentialing. For us, learning isn’t just what we do.