Prudential (LON:PRU) Shares Cross Above Two Hundred Day Moving Average – What’s Next?

Prudential plc (LON:PRU)’s stock price 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 changing hands.

Prudential Stock Down 1.8 %

The company has a market capitalization 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 company has a quick ratio of 0.67, a current ratio of 1.48 and a debt-to-equity ratio of 31.72. The firm has a 50 day moving average price of GBX 644.96 and a two-hundred day moving average price of GBX 654.03.

Prudential Company Profile

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).