Pearson (NYSE:PSO) Shares Gap Down – What’s Next?

Pearson plc (NYSE:PSO) shares gapped down prior to trading on Thursday . The stock had previously closed at $15.91, but opened at $15.51. Pearson shares last traded at $15.57, with a volume of 88,980 shares changing hands.

Wall Street Analysts Forecast Growth

Separately, StockNews.com downgraded Pearson from a “buy” rating to a “hold” rating in a research report on Friday, November 15th.

Pearson Stock Up 0.4 %

The business has a 50-day moving average price of $15.77 and a two-hundred day moving average price of $14.34. The company has a current ratio of 1.78, a quick ratio of 1.72 and a debt-to-equity ratio of 0.34.

Institutional Trading of Pearson

Institutional investors have recently modified their holdings of the stock. Versant Capital Management Inc bought a new stake in shares of Pearson during the 4th quarter valued at $26,000. Allspring Global Investments Holdings LLC raised its holdings in shares of Pearson by 86.9% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 3,145 shares of the company’s stock worth $43,000 after buying an additional 1,462 shares in the last quarter. Wilmington Savings Fund Society FSB acquired a new position in shares of Pearson during the 3rd quarter worth $47,000. EverSource Wealth Advisors LLC raised its holdings in shares of Pearson by 86.6% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 4,517 shares of the company’s stock worth $61,000 after buying an additional 2,096 shares in the last quarter. Finally, GAMMA Investing LLC raised its holdings in shares of Pearson by 78.6% during the 3rd quarter. GAMMA Investing LLC now owns 4,968 shares of the company’s stock worth $67,000 after buying an additional 2,186 shares in the last quarter. 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.