Prudential (LON:PRU) Stock Price Crosses Above 200-Day Moving Average – Here’s Why

Prudential plc (LON:PRUGet Free Report) shares passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 656.11 ($8.15) and traded as high as GBX 693.80 ($8.62). Prudential shares last traded at GBX 691.40 ($8.59), with a volume of 6,611,994 shares changing hands.

Prudential Stock Up 3.1 %

The company has a quick ratio of 0.67, a current ratio of 1.48 and a debt-to-equity ratio of 31.72. The company has a market capitalization of £18.60 billion, a PE ratio of 2,880.83, a price-to-earnings-growth ratio of 0.40 and a beta of 1.20. The firm has a 50-day moving average of GBX 641.68 and a two-hundred day moving average of GBX 656.11.

Prudential Company Profile

(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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