AMP (ASX:AMP) Reaches New 1-Year Low at $1.71

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Shares of AMP Limited (ASX:AMP) hit a new 52-week low during mid-day trading on Friday . The stock traded as low as A$1.71 ($1.21) and last traded at A$1.72 ($1.22), with a volume of 42057802 shares trading hands. The stock had previously closed at A$1.83 ($1.29).

The company has a current ratio of 7.87, a quick ratio of 7.71 and a debt-to-equity ratio of 507.21. The stock has a market capitalization of $5.13 billion and a P/E ratio of -2.14. The firm’s fifty day moving average is A$1.93 and its 200-day moving average is A$2.15.

About AMP (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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