Prudential plc (LON:PRU - Get Free Report)'s share price hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as GBX 970.60 ($12.91) and last traded at GBX 970.60 ($12.91), with a volume of 3943226 shares traded. The stock had previously closed at GBX 958.60 ($12.75).
Wall Street Analyst Weigh In
Separately, JPMorgan Chase & Co. reaffirmed an "overweight" rating and set a GBX 1,150 ($15.29) target price on shares of Prudential in a research report on Wednesday, July 16th.
View Our Latest Stock Analysis on PRU
Prudential Stock Up 1.3%
The company has a quick ratio of 0.67, a current ratio of 1.86 and a debt-to-equity ratio of 24.44. The company has a market capitalization of £31.93 billion, a P/E ratio of 48.48, a PEG ratio of 0.40 and a beta of 1.20. The firm has a 50-day moving average price of GBX 906.26 and a two-hundred day moving average price of GBX 811.47.
Insider Buying and Selling at Prudential
In other news, insider George David Sartorel bought 1,000 shares of Prudential stock in a transaction that occurred on Thursday, June 19th. The stock was purchased at an average cost of GBX 879 ($11.69) per share, with a total value of £8,790 ($11,687.28). Corporate insiders own 0.29% of the company's stock.
Prudential Company Profile
(
Get Free Report)
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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