What is the Market's View on Pearson PLC (PSO) Stock's Price and Volume Trends Friday?

Friday, October 15, 2021 01:26 PM | InvestorsObserver Analysts

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The market has been high on Pearson PLC (PSO) stock recently. PSO gets a Bullish score from InvestorsObserver Stock Sentiment Indicator.

Pearson PLC has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on PSO!

What is Stock Sentiment?

When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment. Price action is generally the best indicator of sentiment. For a stock to go up, investors must feel good about it. Similarly, a stock that is in a downtrend must be out of favor. InvestorsObserver’s Sentiment Indicator considers price action and recent trends in volume. Increasing volumes often mean that a trend is strengthening, while decreasing volumes can signal that a reversal could come soon. The options market is another place to get signals about sentiment. Since options allow investors to place bets on the price of a stock, we consider the ratio of calls and puts for stocks where options are available.

What's Happening With PSO Stock Today?

Pearson PLC (PSO) stock is down -14.76% while the S&P 500 has gained 0.59% as of 1:24 PM on Friday, Oct 15. PSO is down -$1.49 from the previous closing price of $10.06 on volume of 1,226,786 shares. Over the past year the S&P 500 is higher by 27.97% while PSO has gained 15.81%. PSO earned $0.51 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 16.9. To screen for more stocks like Pearson PLC click here.

More About Pearson PLC

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. Click Here to get the full Stock Report for Pearson PLC stock.

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