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New Big Money Means Prudential plc ADR (PUK) Investors Could Reap Benefit

Prudential plc ADR (NYSE: PUK) is -25.61% lower on its value in year-to-date trading and has touched a low of $15.10 and a high of $22.93 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The PUK stock was last observed hovering at around $16.42 in the last trading session, with the day’s gains setting it 0.28%.

Currently trading at $16.70, the stock is 2.91% and -1.93% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.82 million and changing 1.71% at the moment leaves the stock -7.86% off its SMA200. PUK registered -22.04% loss for a year compared to 6-month loss of -15.06%. The firm has a 50-day simple moving average (SMA 50) of $17.0338 and a 200-day simple moving average (SMA200) of $18.1469.

The stock witnessed a -1.18% gain in the last 1 month and extending the period to 3 months gives it a 1.77%, and is 2.27% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.60% over the week and 1.59% over the month.

Prudential plc ADR (PUK) has around 15257 employees, a market worth around $22.13B and $15.16B in sales. Current P/E ratio is 26.40 and Fwd P/E is 8.30. Profit margin for the company is 5.75%. Distance from 52-week low is 10.56% and -27.17% from its 52-week high. The company has generated returns on investments over the last 12 months (4.03%).

The EPS is expected to shrink by -8.59% this year

227.0 institutions hold shares in Prudential plc ADR (PUK), with institutional investors hold 2.16% of the company’s shares. Institutions hold 2.16% of the Float.

The top institutional shareholder in the company is GOLDMAN SACHS GROUP INC with over 3.02 million shares valued at $55.42 million. The investor’s holdings represent 0.2207 of the PUK Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 2.88 million shares valued at $52.76 million to account for 0.2101 of the shares outstanding. The other top investors are MORGAN STANLEY which holds 2.73 million shares representing 0.199 and valued at over $49.96 million, while ROYAL BANK OF CANADA holds 0.175 of the shares totaling 2.4 million with a market value of $43.95 million.

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