Annette Thomas Acquires 383 Shares of Pearson plc (LON:PSON) Stock

Pearson plc (LON:PSON) insider Annette Thomas bought 383 shares of the stock in a transaction dated Friday, June 28th. The shares were purchased at an average cost of GBX 985 ($12.46) per share, for a total transaction of £3,772.55 ($4,771.76).

Pearson Trading Up 0.7 %

Shares of Pearson stock opened at GBX 984 ($12.45) on Thursday. The firm has a market capitalization of £6.61 billion, a PE ratio of 1,856.60, a P/E/G ratio of 0.83 and a beta of 0.32. Pearson plc has a twelve month low of GBX 809.60 ($10.24) and a twelve month high of GBX 1,046.50 ($13.24). The firm’s 50-day moving average price is GBX 966.92 and its 200 day moving average price is GBX 977.80. The company has a current ratio of 1.73, a quick ratio of 1.07 and a debt-to-equity ratio of 30.19.

Wall Street Analyst Weigh In

PSON has been the topic of several recent analyst reports. Shore Capital reissued a “buy” rating on shares of Pearson in a research note on Friday, April 26th. JPMorgan Chase & Co. increased their target price on shares of Pearson from GBX 1,200 ($15.18) to GBX 1,220 ($15.43) and gave the stock an “overweight” rating in a research note on Wednesday, March 20th.

Pearson Company Profile

Pearson plc offers educational courseware, assessments, and services in the United Kingdom, the United States, Canada, the Asia Pacific, other European countries, and internationally. The company operates through five segments: Assessment & Qualifications, Virtual Learning, English Language Learning, Workforce Skills, and Higher Education.