Manulife Financial Corp. (NYSE: MFC) Now -5.96% Off Its High ($27.51), Does Analysts See Headwinds And Risks?

Manulife Financial Corp. (NYSE:MFC) currently has a daily average trading volume of 2.14M but it saw 1504784 shares traded in last market. With a market cap of 46.46B USD, the company’s current market price of $25.87 came rising about 1.61 while comparing to the previous closing price of $25.46. In past 52 weeks, the stock remained buoying in the range of price level as high as $27.51 and as low as $17.07. In the recent trading on the day, stock has struck highest price mark of $25.45 while lowest mark touched by it was $25.885.

Taking a look at 20-day trading activity of Manulife Financial Corp. (MFC) gives us an average price of $25.50, while its current price level is -5.96% below from 52-week high level whereas it is 51.55% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $25.95 while that of 200 days or SMA-200 reads an average of $23.39. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.89% during that period while stretching the period over a month that increases to 2.23%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 52.80 which implies that the stock is in neutral territory.

Over the week, MFC’s stock price is moving 7.21% up while it is -3.29% when we observe its performance for the past one month. Year-to-date it is 17.06% up and over the past year, the stock is showing an upside performance of 34.18%.

Currently, Manulife Financial Corp.’s total number of outstanding shares is 1.81B. Company’s return on investment (ROI) stands at 6.85% and return on equity (ROE) at 9.60%. It has a price to earnings ratio (P/E ratio) of 14.89 while having a 8.83 of forward P/E ratio. Stock’s beta reads 1.07. Stock has a price to book (P/B) ratio of 1.49 while price to sale or P/S ratio amounts to 1.24. Its return on asset (ROA) is 0.51% on average.