Prudential Financial (PRU) : Traders are bullish on Prudential Financial (PRU) as it has outperformed the S&P 500 by a wide margin of 4.69% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 1.96%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 2.48% in the last 1 week, and is up 4.55% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The stock has recorded a 20-day Moving Average of 3.52% and the 50-Day Moving Average is 7.1%.The 200 Day SMA reached 7.87%. Prudential Financial, Inc. is up 3.82% in the last 3-month period. Year-to-Date the stock performance stands at 0.5%.
Prudential Financial (NYSE:PRU): After opening at $79.14, the stock dipped to an intraday low of $78.76 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $79.94 and the buying power remained strong till the end. The stock closed at $79.49 for the day, a gain of 0.82% for the day session. The total traded volume was 2,146,205. The stocks close on the previous trading day was $78.84.
Prudential Financial, Inc. is a financial services company. The Company, through its subsidiaries and affiliates, provides a arrange of financial products and services, including life insurance, annuities, retirement-related services, mutual funds and investment management. The Company has organized its principal operations into the Financial Services Businesses and the Closed Block Business. The Financial Services Businesses consists of three divisions, containing six segments, and the Companys corporate operations. The Financial Services Businesses operate through three operating divisions: U.S. Retirement Solutions and Investment Management, U.S. Individual Life and Group Insurance, and International Insurance. The Companys investment portfolio consists of public and private fixed maturity securities, commercial mortgage and other loans, equity securities and other invested assets.