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Is Prudential PLC (PUK) a Stock to Watch After Losing 0.00% This Week?

Friday, August 12, 2022 12:40 PM | InvestorsObserver Analysts
Is Prudential PLC (PUK) a Stock to Watch After Losing 0.00% This Week?

Overall market sentiment has been high on Prudential PLC (PUK) stock lately. PUK receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator.

Sentiment Score - ,bullish
Prudential PLC has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on PUK!

What is Stock Sentiment?

Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score. As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend. Changes in price are generally the best indicator of sentiment for a particular stock. At its core, a stock's trend indicates whether current market sentiment is bullish or bearish. Investors must be bullish if a stock is trending upward, and are bearish if a stock is moving down. InvestorsObserver's Sentiment Indicator factors in both price changes and variations in volume. An increase in volume usually means a current trend is stengthening, while a drop in volume tends to signal a reversal to the ongoing trend. Our system also uses the options market in order to receive additional signals on current sentiments. We take into account the ratio of calls and puts for a stock since options allow an investor to bet on future changes in price.

What's Happening With PUK Stock Today?

Prudential PLC (PUK) stock is trading at $24.69 as of 12:39 PM on Friday, Aug 12, an increase of $0.23, or 0.92% from the previous closing price of $24.47. The stock has traded between $24.34 and $24.69 so far today. Volume today is below average. So far 324,251 shares have traded compared to average volume of 546,584 shares.

More About Prudential PLC

Prudential is an Asia and Africa health and life insurance business and is focused on long-term savings. The business is increasingly focusing on digital offerings and creating strong brand equity and relationships with customers of its products through these. Click Here to get the full Stock Report for Prudential PLC stock.

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