Shares of Pearson Plc (NYSE:PSO) traded today at $12.38, eclipsing its 52-week high. So far today approximately 55,000 shares have been exchanged, as compared to an average 30-day volume of 244,000 shares.
U.K.-listed Pearson is the world's largest educational provider. The company has been disposing of noncore businesses such as the Financial Times, The Economist, and publishing house Penguin, and is now focused on being an educational resource and testing provider. While Pearson's primary activity centres on higher-level education, the firm also has significant operations in providing clinical assessments, professional certification and testing.
Pearson Plc (NYSE:PSO) defies analysts with a current price ($12.21) 0.9% above its average consensus price target of $12.10.
Pearson Plc share prices have moved between a 52-week high of $12.38 and a 52-week low of $6.13 and are now trading 99% above that low price at $12.21 per share.
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