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

M&G logo with Financial Services background

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

(Get Free Report)

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.

Further Reading

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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