Prudential Financial Stock Hits New 52-Week High (PRU)

NEW YORK ( TheStreet) -- Prudential Financial (NYSE: PRU) hit a new 52-week high Monday as it is currently trading at $73.57, above its previous 52-week high of $73.56 with 173,811 shares traded as of 9:55 a.m. ET. Average volume has been 3.1 million shares over the past 30 days.

Prudential Financial has a market cap of $33.6 billion and is part of the financial sector and insurance industry. Shares are up 36.9% year to date as of the close of trading on Friday.

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 51.2, 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, solid stock price performance, growth in earnings per share, largely solid financial position with reasonable debt levels by most measures and increase in net income. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. You can view the full Prudential Financial Ratings Report.

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