Pearson PLC (PSO) Sees Strong Trading Volume
Pearson PLC (NYSE:PSO) saw unusually-strong trading volume on Wednesday . Approximately 730,507 shares were traded during trading, an increase of 104% from the previous session’s volume of 358,601 shares.The stock last traded at $11.47 and had previously closed at $11.53.
Several equities research analysts have commented on PSO shares. Zacks Investment Research upgraded Pearson PLC from a “sell” rating to a “hold” rating in a research note on Wednesday, April 20th. Beaufort Securities reiterated a “buy” rating on shares of Pearson PLC in a research note on Thursday, May 5th. Citigroup Inc. reiterated a “buy” rating on shares of Pearson PLC in a research note on Saturday, May 14th. Deutsche Bank AG reiterated a “sell” rating on shares of Pearson PLC in a research note on Friday, May 20th. Finally, Jefferies Group reiterated a “buy” rating on shares of Pearson PLC in a research note on Wednesday, May 25th. Four investment analysts have rated the stock with a sell rating, six have given a hold rating and six have issued a buy rating to the stock. The company has a consensus rating of “Hold”.
The firm has a market cap of $9.35 billion and a PE ratio of 10.31. The company’s 50-day moving average price is $12.40 and its 200-day moving average price is $11.97.
The company also recently disclosed a dividend, which will be paid on Wednesday, September 21st. Investors of record on Friday, August 19th will be given a $0.238 dividend. The ex-dividend date of this dividend 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.
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