Shares of Pearson plc (LON:PSON – Get Free Report) crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 1,200.88 ($15.60) and traded as high as GBX 1,266.50 ($16.45). Pearson shares last traded at GBX 1,261.39 ($16.38), with a volume of 1,101,889 shares changing hands.
Analyst Ratings Changes
Separately, JPMorgan Chase & Co. lifted their target price on shares of Pearson from GBX 1,400 ($18.18) to GBX 1,450 ($18.83) and gave the company an “overweight” rating in a report on Tuesday, January 14th.
View Our Latest Analysis on Pearson
Pearson Stock Performance
Pearson (LON:PSON – Get Free Report) last posted its earnings results on Friday, February 28th. The company reported GBX 62.10 ($0.81) EPS for the quarter. Pearson had a net margin of 9.83% and a return on equity of 8.98%.
Insider Activity
In other news, insider Omar Abbosh sold 77,989 shares of the business’s stock in a transaction on Thursday, January 2nd. The shares were sold at an average price of GBX 1,296 ($16.83), for a total transaction of £1,010,737.44 ($1,312,816.52). Insiders own 0.35% of the company’s stock.
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.20,000 Pearson employees are committed to creating vibrant and enriching learning experiences designed for real-life impact. We are the world’s leading learning company, serving customers in c.200 countries with digital content, assessments, qualifications, and data.
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