Large Outflow of Money Witnessed in Prudential Financial

Prudential Financial (PRU) : The money flow is calculated as the dollar value of composite uptick trades minus the dollar value of downtick trades, which was negative (19.62 million) in Prudential Financial (PRU). On Monday, The value of composite uptick trades was $19.92 million, whereas, the value of composite downtick trades was $39.54 million and the ratio between the two was 0.5, indicating selling on strength. Traders involved in block trades booked profits in their holdings as seen in the transactions on downticks valued at $18.83 million. The negative money flow of ($18.83 million) shows selling on strength. Prudential Financial (PRU) gained $0.29 intraday at $75.4 and registrered 0.39% for the week.


Prudential Financial, Inc. has dropped 0.74% during the last 3-month period . Year-to-Date the stock performance stands at -5.54%. Shares of Prudential Financial, Inc. rose by 5% in the last five trading days and 5.1% for the last 4 weeks. In a related news, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the director of Prudential Financial Inc, Scovanner Douglas A, had purchased 7,400 shares in a transaction dated on February 16, 2016. The transaction was executed at $62.56 per share with total amount equaling $462,944.

Prudential Financial (NYSE:PRU): stock turned positive on Monday. Though the stock opened at $74.88, the bulls momentum made the stock top out at $75.86 level for the day. The stock recorded a low of $74.54 and closed the trading day at $75.4, in the green by 0.39%. The total traded volume for the day was 2,086,728. The stock had closed at $75.11 in the previous days trading.

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.

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