Pearson (LON:PSON) Stock Price Down 9.5% – Should You Sell?

Pearson plc (LON:PSON)’s share price traded down 9.5% during trading on Thursday . The stock traded as low as GBX 972.80 and last traded at GBX 972.80. 5,778,498 shares were traded during mid-day trading, a decline of 80% from the average session volume of 29,620,949 shares. The stock had previously closed at GBX 1,075.50.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on PSON shares. Citigroup initiated coverage on shares of Pearson in a report on Monday. They issued a “buy” rating and a GBX 1,300 price objective on the stock. JPMorgan Chase & Co. reissued an “overweight” rating on shares of Pearson in a research note on Wednesday, October 15th. Two investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of GBX 1,220.

Pearson Trading Up 1.6%

The company has a 50 day moving average of GBX 1,023.07 and a 200-day moving average of GBX 1,052.92. The company has a debt-to-equity ratio of 42.49, a quick ratio of 1.07 and a current ratio of 1.78. The stock has a market cap of £6.28 billion, a price-to-earnings ratio of 15.15, a price-to-earnings-growth ratio of 0.83 and a beta of 0.31.

Insider Activity

In other Pearson news, insider Annette Thomas bought 391 shares of Pearson stock in a transaction on Tuesday, November 25th. The shares were bought at an average cost of GBX 991 per share, for a total transaction of £3,874.81. Also, insider Omar Abbosh sold 52,025 shares of the firm’s stock in a transaction that occurred on Friday, January 2nd. The shares were sold at an average price of GBX 1,051, for a total transaction of £546,782.75. 0.72% of the stock is currently owned by corporate 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.