Prudential (LON:PRU) Share Price Passes Above 200-Day Moving Average – Should You Sell?

Shares of Prudential plc (LON:PRU) crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 653.36 ($8.22) and traded as high as GBX 738.40 ($9.29). Prudential shares last traded at GBX 730.20 ($9.19), with a volume of 4,739,790 shares changing hands.

Prudential Stock Down 2.8 %

The company’s 50 day simple moving average is GBX 652.97 and its 200-day simple moving average is GBX 653.84. The firm has a market capitalization of £23.23 billion, a PE ratio of 35.28, a PEG ratio of 0.40 and a beta of 1.20. The company has a debt-to-equity ratio of 24.44, a quick ratio of 0.67 and a current ratio of 1.86.

About Prudential

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).