Pearson PLC (PSO) Shares Gap Up to $11.25
Pearson PLC (NYSE:PSO) gapped up before the market opened on Tuesday . The stock had previously closed at $11.24, but opened at $11.25. Pearson PLC shares last traded at $11.29, with a volume of 223,653 shares.
Several equities research analysts have issued reports on PSO shares. Zacks Investment Research cut shares of Pearson PLC from a “hold” rating to a “sell” rating in a research note on Saturday, July 2nd. Citigroup Inc. reaffirmed a “buy” rating on shares of Pearson PLC in a research note on Saturday, May 14th. Shore Capital reaffirmed a “hold” rating on shares of Pearson PLC in a research note on Sunday, July 31st. Morgan Stanley raised shares of Pearson PLC from an “equal weight” rating to an “overweight” rating in a research note on Tuesday, July 12th. Finally, Beaufort Securities reaffirmed a “buy” rating on shares of Pearson PLC in a research note on Monday, August 1st. Three research analysts have rated the stock with a sell rating, seven have assigned a hold rating and six have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold”.
The company has a market cap of $9.19 billion and a PE ratio of 10.33. The stock’s 50 day moving average is $11.95 and its 200 day moving average is $12.02.
The firm also recently declared a dividend, which will be paid on Wednesday, September 21st. Shareholders of record on Friday, August 19th will be paid a $0.238 dividend. The ex-dividend date is Wednesday, August 17th.
Pearson plc (Pearson) is an international education and media company. The Company has operations in the education, business information and consumer publishing markets. The Company operates through three segments: North America, Core and Growth. The North American business serves educators and students in the United States and Canada from early education through elementary, middle and high schools and into higher education with a range of products and services, such as courseware, assessments and services.
Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.