As of Friday close, Prudential plc’s (NYSE:PUK) stock was down -$0.63, moving down -2.52 percent to $24.33. The average number of shares traded per day over the past five days has been 446,840 shares. 1 time new highs have been achieved over the past 5 days, with a -$1.54 fall in that time frame. In the last twenty days, the average volume was 413,375, while in the previous 50 days, it was 395,402.
Since last month, PUK stock retreated -12.04%. Shares of the company fell to $24.13 on 08/18/23, the lowest level in the past month. A 52-week high of $34.37 was reached on 01/26/23 after having rallying from a 52-week low of $18.20. Since the beginning of this year, PUK’s stock price has dropped by -11.46% or -$3.15, and marked a new high 8 times. However, the stock has declined by -29.21% since its 52-week high.
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Valuation Metrics
The latest dividend of $0.2608 per share was paid out, which is 126.78% more than last year’s $0.1150. On Wednesday March 15 2023, a $0.1458 dividend increase was announced.
Financial Health
According to company report, the long-term debt-to-equity ratio for the recent quarter was 0.27, and the total debt-to-equity ratio was 0.30. Based on annual data, PUK earned $1.46 billion in gross profit and brought in -$8.22 billion in revenue.
Technical Picture
This quick technical analysis looks at Prudential plc’s (PUK) price momentum. With a historical volatility rate of 16.95%, the RSI 9-day stood at 22.54% on 18 August.
With respect to its five-day moving average, the current Prudential plc price is down by -5.95% percent or -$1.54. At present, PUK shares trade -9.65% below its 20-day simple moving average and -4.17% percent below its 100-day simple moving average. However, the stock is currently trading approximately -14.09% below its SMA50 and +29.41% above its SMA200.
Stochastic coefficient K was 2.94% and Stochastic coefficient D was 3.40%, while ATR was 0.62. Given the Stochastic reading of 6.36% for the 14-day period, the RSI (14) reading has been calculated as 29.56%. As of today, the MACD Oscillator reading stands at -0.72, while the 14-day reading stands at -1.05.
Analyst Ratings
Daiwa Securities upgraded its rating on Prudential plc (NYSE: PUK) to a Buy in a note to investors on March 15, 2023. The analysts firm previously had an Outperform rating on the stock.Prudential plc (PUK) has been rated Buy by analysts. According to 1 brokerage firm, PUK is a sell, and 0 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 2 analysts rate Prudential plc stock as buy, with 15 recommending it as overweight.
With a median target price of $39.37, the current consensus forecast for the stock is $27.50 – $51.15. Based on these forecasts, analysts predict Prudential plc (PUK) will achieve an average price target of $39.35.
