Phoenix Group (LON:PHNX) Stock Price Breaks Above 200 Day Moving Average – What’s Next?

Phoenix Group Holdings plc (LON:PHNX) shares passed above its two hundred day moving average during trading on Thursday. 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 Stock Performance

The firm has a market capitalization of £7.68 billion, a P/E ratio of -12.10, a PEG ratio of 1.95 and a beta of 0.85. The business has a 50 day moving average of GBX 767 and a 200-day moving average of GBX 767.

Phoenix Group Company Profile

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.