Prudential (LON:PRU) Shares Pass Above 200-Day Moving Average – Here’s What Happened

Prudential plc (LON:PRUGet Free Report) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 658.75 ($8.11) and traded as high as GBX 659 ($8.11). Prudential shares last traded at GBX 652.20 ($8.03), with a volume of 17,828,998 shares traded.

Prudential Stock Down 0.4 %

The firm’s 50 day moving average price is GBX 638.25 and its two-hundred day moving average price is GBX 658.75. The firm has a market capitalization of £17.54 billion, a PE ratio of 2,717.50, a P/E/G ratio of 0.40 and a beta of 1.20. The company has a quick ratio of 0.67, a current ratio of 1.48 and a debt-to-equity ratio of 31.72.

About Prudential

(Get Free Report)

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).

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