Shares of PSO Down 18.4% Since Downtrend Call on Shares
SmarTrend identified a Downtrend for Pearson (NYSE:PSO) on August 29th, 2016 at $11.25. In approximately 2 months, Pearson has returned 18.36% as of today's recent price of $9.18.
In the past 52 weeks, Pearson share prices have been bracketed by a current low of $9.06 and a high of $21.15 and are now at $9.18. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.2% while the 200-day MA has slid 1.2%.
Pearson plc is a holding company, whose international subsidiaries operate in the education and media sectors. The Company publishes various financial papers, trade books, textbooks and electronic education programs, via their businesses which include the Financial Times, Penguin, The Economist and Recoletos.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Pearson.
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Keywords: spotlights pearson