Pearson PLC (PSO) Sees Large Volume Increase
Pearson PLC (NYSE:PSO) shares saw strong trading volume on Friday . 300,571 shares traded hands during mid-day trading, a decline of 4% from the previous session’s volume of 312,087 shares.The stock last traded at $11.64 and had previously closed at $11.40.
A number of equities analysts have issued reports on PSO shares. JPMorgan Chase & Co. reissued a “neutral” rating on shares of Pearson PLC in a research report on Tuesday, June 21st. Jefferies Group reissued a “buy” rating on shares of Pearson PLC in a research report on Wednesday, May 25th. Deutsche Bank AG reissued a “sell” rating on shares of Pearson PLC in a research report on Friday, May 20th. Citigroup Inc. reissued a “buy” rating on shares of Pearson PLC in a research report on Saturday, May 14th. Finally, Zacks Investment Research lowered shares of Pearson PLC from a “hold” rating to a “sell” rating in a research report on Saturday, July 2nd. Three analysts have rated the stock with a sell rating, seven have assigned a hold rating and six have given a buy rating to the company’s stock. The company has an average rating of “Hold”.
The stock has a market capitalization of $9.51 billion and a PE ratio of 10.58. The firm’s 50-day moving average is $11.84 and its 200-day moving average is $12.01.
The company also recently announced a dividend, which will be paid on Wednesday, September 21st. Investors of record on Friday, August 19th will be paid a dividend of $0.238 per share. 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.