M&G (LON:MNG) Trading Up 0.5% - Here's Why

Shares of M&G plc (LON:MNG - Get Free Report) were up 0.5% during trading on Wednesday . The company traded as high as GBX 257.90 ($3.51) and last traded at GBX 257.40 ($3.50). Approximately 4,139,268 shares were traded during mid-day trading, a decline of 80% from the average daily volume of 20,892,301 shares. The stock had previously closed at GBX 256.10 ($3.48).

M&G Price Performance

The company has a market capitalization of £6.13 billion, a price-to-earnings ratio of 36.70, a price-to-earnings-growth ratio of -2.76 and a beta of 1.47. The company has a 50-day moving average price of GBX 238.01 and a 200-day moving average price of GBX 215.22. The company has a debt-to-equity ratio of 218.70, a quick ratio of 0.39 and a current ratio of 0.40.

Insider Activity

In related news, insider Clive Adamson bought 600 shares of the firm's stock in a transaction dated Tuesday, June 3rd. The stock was bought at an average cost of GBX 237 ($3.22) per share, for a total transaction of £1,422 ($1,932.59). Insiders own 1.75% of the company's stock.

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.

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