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Prudential (LON:PRU) Stock Passes Above 200-Day Moving Average - Here's Why

Prudential logo with Financial Services background
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Prudential plc (LON:PRU - Get Free Report) shares crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 657.90 ($8.50) and traded as high as GBX 754.20 ($9.75). Prudential shares last traded at GBX 746.40 ($9.64), with a volume of 9,115,402 shares changing hands.

Prudential Trading Down 0.4 %

The stock has a fifty day moving average of GBX 675.40 and a 200-day moving average of GBX 659.55. The company has a debt-to-equity ratio of 24.44, a quick ratio of 0.67 and a current ratio of 1.86. The company has a market cap of £24.63 billion, a PE ratio of 37.40, a PEG ratio of 0.40 and a beta of 1.20.

About Prudential

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Prudential plc provides life and health insurance and asset management in 24 markets across Asia and Africa. Prudential's mission is to be the most trusted partner and protector for this generation and generations to come, by providing simple and accessible financial and health solutions. The business has dual primary listings on the Stock Exchange of Hong Kong (2378) and the London Stock Exchange (PRU).

Further Reading

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