Prudential's most recent trend suggests a bullish bias. One trading opportunity on Prudential is a Bull Put Spread using a strike $87.50 short put and a strike $82.50 long put offers a potential 16.01% return on risk over the next 21 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $87.50 by expiration. The full premium credit of $0.69 would be kept by the premium seller. The risk of $4.31 would be incurred if the stock dropped below the $82.50 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Prudential is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Prudential is bullish.
The RSI indicator is at 78.28 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Prudential
Prudential Capital Group provides $12.53 billion in private debt to middle-market companies in 2018
Wed, 23 Jan 2019 15:14:00 +0000
Prudential Capital Group provided $12.53 billion of senior debt and junior capital to over 200 middle-market companies and projects globally in 2018. Prudential Capital Group is a leading source of private capital for public and private companies and is the private capital arm of PGIM, the $1 trillion global investment management business of Prudential Financial, Inc.
ITC Drags Indian Stocks to Their Steepest Decline in Three Weeks
Wed, 23 Jan 2019 11:46:01 +0000
The gauges fluctuated in a tight range before that as investors continued to assess the outcome of China-U.S. trade talks and the outlook for global growth. The benchmark S&P BSE Sensex retreated 0.9 percent to 36,108.47 at the 3:30 p.m. close in Mumbai, fluctuating between a high and low of 0.2 percent almost till the last hour of trade. ITC — which weighs 6.5 percent on the Sensex and about 5.5 percent on the Nifty — pulled the gauges down after some analysts said the company’s earnings before interest, taxes, depreciation, and amortization as a proportion of sales, or Ebitda margin, was lower than estimated.
Prudential Joins the PlanSource Advantage Partner Program
Tue, 22 Jan 2019 14:00:00 +0000
ORLANDO, Fla., Jan. 22, 2019 /PRNewswire/ — PlanSource, a leading provider of cloud-based benefits technology, announced today that the Prudential Insurance Company of America, one of the largest life insurers in the United States, has joined the PlanSource Advantage program, a strategic partnership program with select insurance carriers. The PlanSource Advantage program provides insurance carriers with an efficient way to distribute products and services through the PlanSource online benefits platform.
See what the IHS Markit Score report has to say about Prudential Financial Inc.
Sat, 19 Jan 2019 13:01:28 +0000
# Prudential Financial Inc
View full report here!
* Perception of the company's creditworthiness is negative
* ETFs holding this stock are seeing positive inflows but are weakening
* Bearish sentiment is low
## Bearish sentiment
Short interest | Positive
Short interest is extremely low for PRU with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting PRU.
## Money flow
ETF/Index ownership | Negative
ETF activity is negative and may be weakening. The net inflows of $1.88 billion over the last one-month into ETFs that hold PRU are among the lowest of the last year and appear to be slowing.
## Economic sentiment
PMI by IHS Markit | Neutral
According to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Financials sector is rising. The rate of growth is weak relative to the trend shown over the past year, however.
## Credit worthiness
Credit default swap | Negative
The current level displays a negative indicator. Although PRU credit default swap spreads are decreasing, they are near their highest levels for the past 1 year, which indicates the market's more negative perception of the company's credit worthiness.
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Prudential chosen as public sector retirement plan provider for City of Santa Ana and Ohio Association of Professional Fire Fighters
Mon, 14 Jan 2019 14:00:00 +0000
The City of Santa Ana and the Ohio Association of Professional Fire Fighters have both selected Prudential Retirement as recordkeeper for their public sector retirement plans, reflecting the demand for customized financial wellness solutions among public employees.
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