Phoenix Group (LON:PHNX) Stock Passes Above 200 Day Moving Average - Here's What Happened

Shares of Phoenix Group Holdings plc (LON:PHNX - Get Free Report) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 561.75 ($7.67) and traded as high as GBX 665 ($9.08). Phoenix Group shares last traded at GBX 651.03 ($8.89), with a volume of 3,824,990 shares.

Analyst Upgrades and Downgrades

Separately, JPMorgan Chase & Co. lifted their price target on shares of Phoenix Group from GBX 500 ($6.83) to GBX 565 ($7.72) and gave the stock an "underweight" rating in a research note on Friday, March 28th.

Phoenix Group Trading Down 0.1%

The stock has a market cap of £6.47 billion, a P/E ratio of -12.41, a PEG ratio of 1.95 and a beta of 0.73. The stock's fifty day moving average price is GBX 633.21 and its 200 day moving average price is GBX 564.09. The company has a current ratio of 3.30, a quick ratio of 0.12 and a debt-to-equity ratio of 160.32.

Phoenix Group Company Profile

Phoenix is the UK's largest long-term savings and retirement business with c. £300 billion of assets under administration and c. 12 million customers. We are a constituent of the FTSE 100 with c. 7,800 colleagues and offer a broad range of products to support people across all stages of the savings life cycle. We are a growing and sustainable business with a clear purpose – helping people secure a life of possibilities.