In trading on Wednesday, shares of Prudential Financial, Inc. (Symbol: PRU) crossed below their last reported book value - defined as common shareholder equity per share - of $82.66, changing hands as low as $82.33 per share. Prudential Financial, Inc. shares are currently trading off about 2.4% on the day. The chart below shows the one year performance of PRU shares, versus its 50 and 200 day moving averages:
Looking at the chart above, PRU's low point in its 52 week range is $64.30 per share, with $92.68 as the 52 week high point - that compares with a last trade of $82.44.
According to the ETF Finder at ETF Channel, PRU makes up 6.46% of the iShares U.S. Insurance ETF (Symbol: IAK) which is trading lower by about 1.2% on the day Wednesday.
Click here to find out which 9 other stocks recently crossed below their book value »
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
