Pearson PLC (NYSE:PSO) shares hit a new 52-week low during trading on Wednesday . The stock traded as low as $9.69 and last traded at $9.71, with a volume of 34012 shares traded. The stock had previously closed at $9.82.
Several research analysts recently commented on the stock. Citigroup upgraded shares of Pearson from a “neutral” rating to a “buy” rating in a report on Monday, July 29th. Zacks Investment Research upgraded shares of Pearson from a “hold” rating to a “buy” rating and set a $11.00 target price on the stock in a report on Tuesday.
The stock has a market cap of $7.67 billion, a PE ratio of 10.33 and a beta of 0.08. The company has a current ratio of 1.95, a quick ratio of 1.80 and a debt-to-equity ratio of 0.44. The stock has a fifty day simple moving average of $10.52.
About Pearson (NYSE:PSO)
Pearson plc provides educational products and services to institutions, governments, professional bodies, and individual learners worldwide. The company operates through three segments: North America, Core, and Growth. It offers courseware services, including curriculum materials provided in book form and/or via access to digital content; and assessments, such as test development, processing, and scoring services.
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