Pearson (LON:PSON) Stock Price Passes Below 200-Day Moving Average – Time to Sell?

Pearson plc (LON:PSON)’s stock price crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 1,017.16 and traded as low as GBX 974. Pearson shares last traded at GBX 984.20, with a volume of 339,987,500 shares changing hands.

Analyst Upgrades and Downgrades

Separately, Citigroup started coverage on Pearson in a research note on Monday, January 12th. They issued a “buy” rating and a GBX 1,300 price target for the company. Two investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Pearson currently has an average rating of “Moderate Buy” and a consensus price target of GBX 1,220.

Pearson Trading Up 0.6%

The stock has a market capitalization of £6.24 billion, a PE ratio of 19.41, a P/E/G ratio of 0.83 and a beta of 0.34. The company’s 50 day moving average price is GBX 963.92 and its two-hundred day moving average price is GBX 1,017.16. The company has a debt-to-equity ratio of 52.00, a current ratio of 2.00 and a quick ratio of 1.07.

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

Insider Activity

In other news, insider Omar Abbosh sold 52,025 shares of Pearson stock in a transaction on Friday, January 2nd. The stock was sold at an average price of GBX 1,051, for a total transaction of £546,782.75. 0.99% of the stock is owned by company insiders.

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.