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

Prudential plc (LON:PRUGet Free Report) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 654.03 ($8.11) and traded as high as GBX 681.40 ($8.45). Prudential shares last traded at GBX 664.94 ($8.25), with a volume of 16,904,240 shares trading hands.

Prudential Trading Down 1.8 %

The stock has a market cap of £17.89 billion, a price-to-earnings ratio of 2,770.59, a P/E/G ratio of 0.40 and a beta of 1.20. The business has a 50-day simple moving average of GBX 644.96 and a two-hundred day simple moving average of GBX 654.03. The company has a debt-to-equity ratio of 31.72, a quick ratio of 0.67 and a current ratio of 1.48.

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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