Prudential plc (LON:PRU - Get Free Report) hit a new 52-week high during trading on Wednesday . The company traded as high as GBX 970.60 ($13.05) and last traded at GBX 970.60 ($13.05), with a volume of 3943226 shares. The stock had previously closed at GBX 958.60 ($12.89).
Wall Street Analyst Weigh In
Separately, JPMorgan Chase & Co. restated an "overweight" rating and set a GBX 1,150 ($15.46) price objective on shares of Prudential in a research report on Wednesday, July 16th.
View Our Latest Stock Report on Prudential
Prudential Price Performance
The stock has a market capitalization of £31.66 billion, a price-to-earnings ratio of 48.08, a price-to-earnings-growth ratio of 0.40 and a beta of 1.20. The company has a current ratio of 1.86, a quick ratio of 0.67 and a debt-to-equity ratio of 24.44. The stock has a 50-day simple moving average of GBX 913.85 and a 200 day simple moving average of GBX 819.12.
Insider Activity
In other news, insider George David Sartorel purchased 1,000 shares of Prudential stock in a transaction dated Thursday, June 19th. The stock was acquired at an average cost of GBX 879 ($11.82) per share, for a total transaction of £8,790 ($11,817.69). 0.29% of the stock is currently owned by corporate insiders.
About Prudential
(
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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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