Manulife Financial Corp (MFC): Uncovering A True Diamond In The Rough

Manulife Financial Corp (NYSE:MFC) currently has a daily average trading volume of 2.00M but it saw 1839787 shares traded in last market. With a market cap of 52.70B USD, the company’s current market price of $30.08 came rising about 1.28 while comparing to the previous closing price of $29.70. In past 52 weeks, the stock remained buoying in the range of price level as high as $33.07 and as low as $20.78. In the recent trading on the day, stock has struck highest price mark of $29.755 while lowest mark touched by it was $30.39.

Taking a look at 20-day trading activity of Manulife Financial Corp (MFC) gives us an average price of $31.64, while its current price level is -9.04% below from 52-week high level whereas it is 44.75% 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 $31.19 while that of 200 days or SMA-200 reads an average of $27.25. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.85% during that period while stretching the period over a month that decreases to 1.61%. 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 36.50 which implies that the stock is in neutral territory.

Over the week, MFC’s stock price is moving -2.40% down while it is -7.65% when we observe its performance for the past one month. Year-to-date it is 36.11% up and over the past year, the stock is showing an upside performance of 38.62%.

Currently, Manulife Financial Corp’s total number of outstanding shares is 1.76B. 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 14.45 while having a 10.39 of forward P/E ratio. Stock’s beta reads 1.08. Stock has a price to book (P/B) ratio of 1.67 while price to sale or P/S ratio amounts to 1.29. Its return on asset (ROA) is 0.60% on average.