PUK Stock Summary and Trading Ideas (Prudential Public Limited Company | NYSE:PUK)

Originally established as Prudential Mutual Assurance, Investment, and Loan Association in 1848, Prudential plc has moved on a lot since then. Set up to sell life insurance and loans to the middle and then the industrializing and urbanizing working classes, the company subsequently diversified into Europe and then North America with the purchase of Jackson National Life in around 1985. During its time as owner of Jackson, Prudential focused on building out a simple chassis-style product portfolio where customers could choose a variety of add-ons. The company also became renowned for its focus on building requisite internal capabilities to support its strong product offerings, including compelling technology and a large and well-trained salesforce.

Prudential Public Limited Company trades on the NYSE stock market under the symbol PUK.

As of April 19, 2024, PUK stock price climbed to $18.13 with 916,567 million shares trading.

PUK has a beta of 1.60, meaning it tends to be more sensitive to market movements. PUK has a correlation of 0.39 to the broad based SPY ETF.

PUK has a market cap of $24.93 billion. This is considered a Large Cap stock.

In the last 3 years, PUK stock traded as high as $44.99 and as low as $17.12.

The top ETF exchange traded funds that PUK belongs to (by Net Assets): DFIC, AVDE, APIE, DFAX, PTIN.

PUK has underperformed the market in the last year with a return of -36.4%, while the SPY ETF gained +21.2%. In the last 3 month period, PUK fell short of the market, returning -9.0%, while SPY returned +4.3%. However, in the most recent 2 weeks PUK has outperformed the stock market by returning -0.3%, while SPY returned -3.5%.

PUK support price is $17.72 and resistance is $18.38 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that PUK stock will trade within this expected range on the day.