AMP (ASX:AMP) Share Price Passes Below 200 Day Moving Average of $2.13

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AMP Limited (ASX:AMP)’s stock price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $2.13 and traded as low as $1.82. AMP shares last traded at $1.86, with a volume of 14,218,321 shares traded.

The company has a quick ratio of 7.71, a current ratio of 7.87 and a debt-to-equity ratio of 507.21. The business’s 50 day moving average is A$1.84 and its 200-day moving average is A$2.13. The firm has a market cap of $5.48 billion and a P/E ratio of -2.29.

In other AMP news, insider Francesco Ferrari 587,328 shares of the stock in a transaction that occurred on Tuesday, August 13th. Also, insider Andrea Slattery bought 22,000 shares of the stock in a transaction on Tuesday, August 20th. The shares were acquired at an average price of A$1.80 ($1.28) per share, with a total value of A$39,600.00 ($28,085.11).

AMP Company Profile (ASX:AMP)

AMP Limited operates as a wealth management company in Australia and internationally. The company operates through Australian Wealth Management, AMP Capital, AMP Bank, and New Zealand Wealth Management segments. It offers financial advice services; platform and software administration services; and unit linked personal and employer sponsored plans with insurance, retirement income, and managed investment products.

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