Pearson (NYSE:PSO) Hits New 1-Year High at $13.56

Pearson plc (NYSE:PSO)’s share price hit a new 52-week high on Monday . The company traded as high as $13.56 and last traded at $13.56, with a volume of 5880 shares. The stock had previously closed at $13.44.

Analyst Ratings Changes

Separately, StockNews.com downgraded shares of Pearson from a “buy” rating to a “hold” rating in a report on Monday, May 13th.

Pearson Trading Down 0.4 %

The stock’s 50 day moving average is $12.45 and its 200 day moving average is $12.45. The company has a current ratio of 1.73, a quick ratio of 1.67 and a debt-to-equity ratio of 0.27.

Institutional Investors Weigh In On Pearson

Hedge funds and other institutional investors have recently bought and sold shares of the business. Tower Research Capital LLC TRC grew its stake in shares of Pearson by 169.5% in the 4th quarter. Tower Research Capital LLC TRC now owns 2,382 shares of the company’s stock worth $29,000 after purchasing an additional 1,498 shares during the last quarter. EverSource Wealth Advisors LLC increased its holdings in shares of Pearson by 88.7% in the first quarter. EverSource Wealth Advisors LLC now owns 2,421 shares of the company’s stock valued at $29,000 after buying an additional 1,138 shares in the last quarter. GAMMA Investing LLC lifted its position in shares of Pearson by 43.2% during the 2nd quarter. GAMMA Investing LLC now owns 2,782 shares of the company’s stock valued at $35,000 after acquiring an additional 839 shares during the last quarter. SageView Advisory Group LLC acquired a new position in shares of Pearson in the 1st quarter worth $42,000. Finally, CWM LLC raised its position in shares of Pearson by 22.5% during the second quarter. CWM LLC now owns 4,650 shares of the company’s stock worth $58,000 after purchasing an additional 855 shares during the period. 2.14% of the stock is currently owned by institutional investors.

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.