Prudential Financial Inc. (NYSE:PRU) currently has a daily average trading volume of 1.59M but it saw 2434702 shares traded in last market. With a market cap of 40.32B USD, the company’s current market price of $112.30 came rising about 1.65 while comparing to the previous closing price of $110.48. In past 52 weeks, the stock remained buoying in the range of price level as high as $118.69 and as low as $77.22.
Taking a look at 20-day trading activity of Prudential Financial Inc. (PRU) gives us an average price of $111.52, while its current price level is -5.38% below from 52-week high level whereas it is 45.43% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $111.80 while that of 200 days or SMA-200 reads an average of $101.24. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.89% during that period while stretching the period over a month that decreases to 1.69%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 52.29 which implies that the stock is in neutral territory.
JP Morgan downgraded its recommendation for the stock as a “Neutral” from “Overweight” on January 03, 2024 while assigning a price target range of $119-$118. Deutsche Bank issued its recommendations for the stock as it initiated the price target for the stock is $99.
Over the week, PRU’s stock price is moving -0.41% down while it is -3.44% when we observe its performance for the past one month. Year-to-date it is 8.28% up and over the past year, the stock is showing an upside performance of 30.11%.
Currently, Prudential Financial Inc.’s total number of outstanding shares is 359.22M. Company’s return on investment (ROI) stands at 5.09% and return on equity (ROE) at 11.16%. It has a price to earnings ratio (P/E ratio) of 16.69 while having a 7.70 of forward P/E ratio. Stock’s beta reads 1.35. Stock has a price to book (P/B) ratio of 1.45 while price to sale or P/S ratio amounts to 0.77. Its return on asset (ROA) is 0.35% on average.
