Principal Financial Group (NASDAQ:PFG) Trading 0.9% Higher – Should You Buy?

Principal Financial Group, Inc. (NASDAQ:PFG) traded up 0.9% during trading on Thursday . The company traded as high as $82.16 and last traded at $81.60. 897,914 shares traded hands during mid-day trading, a decline of 13% from the average session volume of 1,029,619 shares. The stock had previously closed at $80.86.

Analyst Ratings Changes

Separately, Wall Street Zen cut Principal Financial Group from a “hold” rating to a “sell” rating in a research note on Saturday, June 14th.

Principal Financial Group Stock Up 0.9%

The company has a market capitalization of $18.29 billion, a P/E ratio of 17.47, a price-to-earnings-growth ratio of 0.83 and a beta of 0.99. The company has a quick ratio of 0.28, a current ratio of 0.28 and a debt-to-equity ratio of 0.38.

Principal Financial Group Company Profile

Principal Financial Group, Inc provides retirement, asset management, and insurance products and services to businesses, individuals, and institutional clients worldwide. The company operates through Retirement and Income Solutions, Principal Global Investors, Principal International, and U.S. Insurance Solutions segments.