Manulife Financial Corp (MFC): Investing In A Time Of Crisis

Manulife Financial Corp (NYSE:MFC) currently has a daily average trading volume of 1.93M but it saw 2174548 shares traded in last market. With a market cap of 80.14B USD, the company’s current market price of $32.68 came rising about 1.59 while comparing to the previous closing price of $32.17. In past 52 weeks, the stock remained buoying in the range of price level as high as $33.07 and as low as $18.91. In the recent trading on the day, stock has struck highest price mark of $32.39 while lowest mark touched by it was $32.97.

Taking a look at 20-day trading activity of Manulife Financial Corp (MFC) gives us an average price of $31.32, while its current price level is -1.18% below from 52-week high level whereas it is 72.82% 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 $30.29 while that of 200 days or SMA-200 reads an average of $26.50. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.77% during that period while stretching the period over a month that increases to 1.88%. 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 65.24 which implies that the stock is in neutral territory.

Over the week, MFC’s stock price is moving -0.58% down while it is 8.86% when we observe its performance for the past one month. Year-to-date it is 47.87% up and over the past year, the stock is showing an upside performance of 71.28%.

Currently, Manulife Financial Corp’s total number of outstanding shares is 1.81B. Company’s return on investment (ROI) stands at 8.05% and return on equity (ROE) at 11.06%. It has a price to earnings ratio (P/E ratio) of 15.70 while having a 11.27 of forward P/E ratio. Stock’s beta reads 1.07. Stock has a price to book (P/B) ratio of 1.81 while price to sale or P/S ratio amounts to 1.96. Its return on asset (ROA) is 0.60% on average.