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Is it Time to Dump Pearson PLC (PSO) Stock After it Is Down 1.34% in a Week?

Tuesday, November 28, 2023 10:05 AM | InvestorsObserver Analysts

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Is it Time to Dump Pearson PLC (PSO) Stock After it Is Down 1.34% in a Week?

Pearson PLC (PSO) stock is down 1.34% over the past week and gets a Bullish rating from InvestorsObserver Sentiment Indicator.

Sentiment Score - ,bullish
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?

Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score. As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend. Changes in price are generally the best indicator of sentiment for a particular stock. At its core, a stock's trend indicates whether current market sentiment is bullish or bearish. Investors must be bullish if a stock is trending upward, and are bearish if a stock is moving down. InvestorsObserver's Sentiment Indicator factors in both price changes and variations in volume. An increase in volume usually means a current trend is stengthening, while a drop in volume tends to signal a reversal to the ongoing trend. Our system also uses the options market in order to receive additional signals on current sentiments. We take into account the ratio of calls and puts for a stock since options allow an investor to bet on future changes in price.

What's Happening With PSO Stock Today?

Pearson PLC (PSO) stock is trading at $11.81 as of 9:49 AM on Tuesday, Nov 28, a loss of -$0.47, or -3.83% from the previous closing price of $12.28. The stock has traded between $11.72 and $11.81 so far today. Volume today is below average. So far 24,877 shares have traded compared to average volume of 267,666 shares.

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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