In terms of market performance, Manulife Financial Corp. had a fairly even. The highest value for the stock in the past year was $24.89 on 02/16/24, and the lowest value was recorded at $17.07 on 10/27/23.
52-week price history of MFC Stock
Studying a stock’s 52-week price history, which includes both low and high prices, can help gauge its current status and potential future performance. Manulife Financial Corp.’s current trading price is -3.37% away from its 52-week high, while its distance from the 52-week low is 40.89%. The stock’s price range during the 52-week period has remained between $17.07 and $24.89. In the Financial sector, the company’s shares saw a trading volume of around 4.55 million for the day, which was evidently higher than the average daily volume of 3.4 million over the past three months.
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Market Capitalization and Financial Performance: An In-Depth Look
Manulife Financial Corp. (MFC) has experienced a quarterly rise of 21.96% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 43.44B and boasts a workforce of 38000 employees.
Making Sense of Trading Volume and Moving Average Data
Based on Barchart.com data, the company’s moving average over the 100-day period was 20.75, with a change in price of +5.55. Similarly, Manulife Financial Corp. recorded 3,384,456 in trading volume during the last 100 days, posting a change of +30.00%.
Examining MFC’s Debt-to-Equity Ratio: What You Need to Know
The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the shareholders’ equity. At the time of writing, the total D/E ratio for MFC stands at 0.27. Similarly, the long-term debt-to-equity ratio is also 0.27.
MFC Stock Stochastic Average
Manulife Financial Corp.’s raw stochastic average for the past 50 days is presently 79.56%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 72.28%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 71.65% and 69.39%, respectively.
MFC Stock Price Performance Analysis
The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. Until today this year the stock’s price performance recorded an increase of 8.82%. However, over the last six months, the performance has been weaker by 29.09%. The price of MFC increased 9.97% over the last 30 days. And in the last five days, it has fallen by -0.21%.
