Prudential Financial Reaches New 52-Week High (PRU)

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

NEW YORK ( TheStreet) -- Prudential Financial (NYSE: PRU) hit a new 52-week high Wednesday as it is currently trading at $66.89, above its previous 52-week high of $66.87 with 1.4 million shares traded as of 11:10 a.m. ET. Average volume has been 3.2 million shares over the past 30 days.

Prudential Financial has a market cap of $30.21 billion and is part of the financial sector and insurance industry. Shares are up 24.9% year to date as of the close of trading on Tuesday.

Prudential Financial, Inc., through its subsidiaries, provides a range of insurance, investment management, and other financial products and services to both individual and institutional customers in the United States and internationally. The company has a P/E ratio of 46.5, above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Prudential Financial as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share, increase in net income and increase in stock price during the past year. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. You can view the full Prudential Financial Ratings Report.

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