Prudential Financial (NYSE:PRU) : During the past 4 weeks, traders have been relatively bearish on Prudential Financial (NYSE:PRU), hence the stock is down -5% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -1.28% relative to the S&P 500. The 4-week change in the price of the stock is -3.47% and the stock has fallen -0.01% in the past 1 week.
The company shares have dropped -19.88% from its 1 Year high price. On Aug 6, 2015, the shares registered one year high at $92.60 and the one year low was seen on Feb 11, 2016. The 50-Day Moving Average price is $74.10 and the 200 Day Moving Average price is recorded at $73.06.
The stock has recorded a 20-day Moving Average of 0.94% and the 50-Day Moving Average is 5.24%.
Prudential Financial (NYSE:PRU): stock turned positive on Friday. Though the stock opened at $70.25, the bulls momentum made the stock top out at $71.33 level for the day. The stock recorded a low of $70 and closed the trading day at $70.99, in the green by 2.82%. The total traded volume for the day was 2,057,571. The stock had closed at $69.04 in the previous days trading.
In an insider trading activity, Scovanner Douglas A, director of Prudential Financial Inc had purchased 7,400 shares on February 16, 2016 in a transaction. The price per share was $62.56 and the total amount of the disclosed transaction was $462,944.The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing. This information is based on open market transaction at the market prices.
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.