Prudential's most recent trend suggests a bullish bias. One trading opportunity on Prudential is a Bull Put Spread using a strike $85.00 short put and a strike $80.00 long put offers a potential 14.16% return on risk over the next 31 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $85.00 by expiration. The full premium credit of $0.62 would be kept by the premium seller. The risk of $4.38 would be incurred if the stock dropped below the $80.00 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 above 80 which suggests that the stock is in overbought territory.
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LATEST NEWS for Prudential
Prudential Mortgage Capital Company provides $165.8 million in financing for London’s Waldorf Hilton
Wed, 20 Nov 2013 17:53:17 GMT
noodls – 20 November 2013 Prudential Mortgage Capital Company provides $165.8 million in financing for London's Waldorf Hilton LONDON, November 20, 2013 – Prudential Mortgage Capital Company has arranged a $165.8 …
Treasury nominee says bank regulations won't work for insurance firms
Wed, 20 Nov 2013 16:42:33 GMT
Reuters – President Barack Obama's nominee to serve as deputy U.S. Treasury Secretary told lawmakers on Wednesday she believes that large systemically important insurance companies should not face the same capital …
Prudential Mortgage Capital Company provides $165.8 million in financing for London’s Waldorf Hilton
Wed, 20 Nov 2013 15:00:00 GMT
Business Wire – Prudential Mortgage Capital Company has arranged a $165.8 million loan to refinance The Waldorf Hilton, a historic luxury hotel located in the heart of London’s theater district. The deal represents the firm’s seventh commercial real estate loan since launching its European business in 2012 and its fifth in the UK.
Ex-Dividend Reminder: Prudential Financial, Assurant and Timken
Wed, 20 Nov 2013 14:57:00 GMT
Forbes – Looking at the universe of stocks we cover at Dividend Channel, on 11/22/13, Prudential Financial, Inc. (NYSE: PRU), Assurant Inc (NYSE: AIZ), and Timken Co. (NYSE: TKR) will all trade ex-dividend for their respective upcoming dividends. Prudential Financial, Inc. will pay its quarterly dividend of $0.53 on 12/19/13, Assurant Inc […]
Prudential Hires Goldman’s Cignarella to Oversee $33 Billion
Tue, 19 Nov 2013 19:19:30 GMT
Bloomberg – Prudential Financial Inc., the second-largest U.S. life insurer, hired Robert Cignarella from Goldman Sachs Group Inc. as co-head of global leveraged finance.
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