M&G (LON:MNG) Trading Down 0.5% – Should You Sell?

M&G plc (LON:MNG)’s share price dropped 0.5% during trading on Monday . The company traded as low as GBX 206.30 ($2.60) and last traded at GBX 208.16 ($2.63). Approximately 4,989,045 shares traded hands during mid-day trading, a decline of 76% from the average daily volume of 21,122,162 shares. The stock had previously closed at GBX 209.20 ($2.64).

Analyst Upgrades and Downgrades

Separately, Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of M&G in a research note on Friday, December 6th.

M&G Stock Down 0.5 %

The company has a debt-to-equity ratio of 218.70, a current ratio of 0.40 and a quick ratio of 0.39. The stock has a market capitalization of £4.96 billion, a PE ratio of 29.68, a PEG ratio of -2.76 and a beta of 1.47. The company has a 50 day moving average price of GBX 202.34 and a 200-day moving average price of GBX 203.69.

About M&G

M&G plc is a leading savings and investments business, managing investments for both individuals and for large institutional investors, such as pension funds, around the world.

We have a single corporate identity, M&G plc, and two customer-facing brands: Prudential and M&G Investments. Prudential offers savings and insurance for customers in the UK and Europe and for asset management in South Africa.