Phoenix Group (LON:PHNX) Share Price Crosses Above 200-Day Moving Average – Here’s Why

Shares of Phoenix Group Holdings plc (LON:PHNXGet Free Report) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 751.03 and traded as high as GBX 774.50. Phoenix Group shares last traded at GBX 767, with a volume of 2,361,801 shares traded.

Phoenix Group Stock Up 0.1%

The business has a 50-day moving average price of GBX 767 and a 200-day moving average price of GBX 751.03. The stock has a market cap of £7.68 billion, a PE ratio of -12.10, a price-to-earnings-growth ratio of 1.95 and a beta of 0.85. The company has a current ratio of 0.10, a quick ratio of 0.12 and a debt-to-equity ratio of 1,552.05.

About Phoenix Group

(Get Free Report)

Phoenix Group is one of the UK’s largest long-term savings and retirement businesses with over £290 billion of assets under administration and c. 12 million customers. We were founded in 1782 and are based in London, UK, and our family of brands include Standard Life, SunLife and ReAssure. We are a constituent of the FTSE 100 with c. 6,600 colleagues and offer a broad range of savings and retirement income products to support people across all stages of their savings journey. We are a growing and sustainable business with a clear purpose – helping people secure a life of possibilities.

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