Pearson (NYSE:PSO) Shares Gap Down - Time to Sell?

Pearson plc (NYSE:PSO - Get Free Report)'s share price gapped down prior to trading on Tuesday . The stock had previously closed at $16.04, but opened at $15.15. Pearson shares last traded at $15.05, with a volume of 403,730 shares traded.

Wall Street Analyst Weigh In

PSO has been the subject of several research analyst reports. National Bankshares set a $18.00 price target on shares of Pearson in a report on Tuesday, February 18th. Wall Street Zen raised shares of Pearson from a "buy" rating to a "strong-buy" rating in a research report on Friday, May 30th. Finally, The Goldman Sachs Group assumed coverage on Pearson in a research report on Wednesday, March 26th. They set a "buy" rating for the company.

Pearson Trading Down 1.3%

The business has a fifty day moving average price of $15.84 and a 200-day moving average price of $16.09. The company has a quick ratio of 1.72, a current ratio of 1.78 and a debt-to-equity ratio of 0.34. The company has a market cap of $9.93 billion, a P/E ratio of 15.96, a PEG ratio of 2.65 and a beta of 0.62.

Institutional Investors Weigh In On Pearson

Hedge funds and other institutional investors have recently modified their holdings of the company. TD Private Client Wealth LLC increased its position in Pearson by 1,798.8% during the first quarter. TD Private Client Wealth LLC now owns 1,633 shares of the company's stock worth $26,000 after acquiring an additional 1,547 shares during the period. SBI Securities Co. Ltd. acquired a new position in shares of Pearson in the fourth quarter valued at approximately $27,000. Brooklyn Investment Group raised its holdings in Pearson by 308.3% in the 1st quarter. Brooklyn Investment Group now owns 2,356 shares of the company's stock valued at $38,000 after buying an additional 1,779 shares during the last quarter. Smartleaf Asset Management LLC boosted its position in Pearson by 228.0% during the 4th quarter. Smartleaf Asset Management LLC now owns 4,044 shares of the company's stock worth $65,000 after buying an additional 2,811 shares during the period. Finally, CWM LLC grew its holdings in Pearson by 43.6% during the 1st quarter. CWM LLC now owns 4,140 shares of the company's stock worth $66,000 after acquiring an additional 1,256 shares during the last quarter. Institutional investors and hedge funds own 2.14% of the company's stock.

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.