Phoenix Group (LON:PHNX) Stock Price Breaks Above 200-Day Moving Average – Here’s What Happened

Shares of Phoenix Group Holdings plc (LON:PHNX – Get Free Report) crossed above its two hundred day moving average during trading on Tuesday. The stock has a two hundred day moving average of GBX 767 and traded as high as GBX 774.50. Phoenix Group shares last traded at GBX 767, with a volume of 2,361,801 shares trading hands.

Phoenix Group Price Performance

The stock has a 50 day simple moving average of GBX 767 and a 200-day simple moving average of GBX 767. The firm has a market cap of £7.68 billion, a PE ratio of -12.10, a PEG ratio of 1.95 and a beta of 0.85.

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.

Further Reading

• Five stocks we like better than Phoenix Group
• Hims & Hers Slides Nearly 7% as Legal Pressure Adds to Its Growing List of Risks
• Paychex Plunges, Providing the Entry Investors Have Been Waiting For
• The Case for Buying High-Yield General Mills Just Strengthened
• SanDisk’s $1,800 Breakout Turns Memory Hardware Into a Profit Story