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

Shares of Pearson plc (LON:PSON) crossed above its two hundred day moving average during trading on Friday. The stock has a two hundred day moving average of GBX 1,139.39 and traded as high as GBX 1,232. Pearson shares last traded at GBX 1,218.50, with a volume of 670,261 shares.

Analyst Ratings Changes

Several equities research analysts have commented on PSON shares. Citigroup boosted their target price on shares of Pearson from GBX 1,300 to GBX 1,345 and gave the stock a “neutral” rating in a research report on Wednesday, September 2nd. Deutsche Bank Aktiengesellschaft increased their target price on shares of Pearson from GBX 1,033 to GBX 1,130 and gave the company a “hold” rating in a report on Monday, August 3rd. Finally, JPMorgan Chase & Co. reduced their price target on shares of Pearson from GBX 1,420 to GBX 1,360 and set a “neutral” rating for the company in a research report on Thursday, September 10th. Three equities research analysts have rated the stock with a Hold rating, According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of GBX 1,278.33.

Pearson Price Performance

The company has a market cap of £7.32 billion, a price-to-earnings ratio of 24.37, a price-to-earnings-growth ratio of 0.83 and a beta of 0.34. The company has a fifty day simple moving average of GBX 1,211.53 and a two-hundred day simple moving average of GBX 1,139.39. The company has a quick ratio of 1.07, a current ratio of 2.00 and a debt-to-equity ratio of 52.56.

Pearson (LON:PSON) last released its quarterly earnings results on Friday, July 31st. The company reported GBX 28.90 earnings per share (EPS) for the quarter. Pearson had a return on equity of 9.13% and a net margin of 8.78%.

About Pearson

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.