Pearson plc (OTCMKTS:SGGEF)’s stock price shot up 1.9% during mid-day trading on Wednesday . The company traded as high as $8.40 and last traded at $8.20, 723 shares were traded during trading. A decline of 61% from the average session volume of 1,836 shares. The stock had previously closed at $8.05.

Separately, Stifel Nicolaus downgraded Pearson from a “buy” rating to a “hold” rating in a report on Wednesday, July 3rd.

The stock’s fifty day moving average price is $8.71.

Pearson Company Profile (OTCMKTS:SGGEF)

The Sage Group plc, together with its subsidiaries, provides technology solutions and services. It offers Sage business cloud accounting solution; Sage business cloud financials, a solution that provides real-time source of information; Sage business cloud people, a cloud HR and people system; Sage business cloud enterprise management, a solution for managing the business; and Sage Intacct, a solution for CFOs to access integrated management and financial reports across the business entities.

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