Pearson plc (LON:PSON) Insider Omar Abbosh Sells 77,989 Shares

Pearson plc (LON:PSON) insider Omar Abbosh sold 77,989 shares of Pearson stock in a transaction that occurred on Thursday, January 2nd. The stock was sold at an average price of GBX 1,296 ($16.11), for a total value of £1,010,737.44 ($1,256,042.55).

Pearson Stock Down 0.2 %

PSON traded down GBX 2.50 ($0.03) during trading on Monday, reaching GBX 1,288 ($16.01). The stock had a trading volume of 1,262,011 shares, compared to its average volume of 952,819. Pearson plc has a one year low of GBX 925.20 ($11.50) and a one year high of GBX 1,304 ($16.20). The company has a market capitalization of £8.55 billion, a price-to-earnings ratio of 2,576.00, a P/E/G ratio of 0.83 and a beta of 0.31. The company has a current ratio of 1.78, a quick ratio of 1.07 and a debt-to-equity ratio of 43.56. The stock’s 50 day moving average is GBX 1,218.35 and its two-hundred day moving average is GBX 1,090.85.

Analyst Upgrades and Downgrades

Separately, JPMorgan Chase & Co. increased their price objective on shares of Pearson from GBX 1,170 ($14.54) to GBX 1,400 ($17.40) and gave the stock an “overweight” rating in a research report on Wednesday, December 11th. Two equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat.com, Pearson presently has an average rating of “Moderate Buy” and a consensus price target of GBX 1,146.75 ($14.25).

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.