Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. Manulife Financial Corp’s current trading price is -12.87% away from its 52-week high, while its distance from the 52-week low is 27.44%. The stock’s price range over this period has fluctuated between $22.61 and $33.07. The company, operating within the financial sector, had a trading volume of approximately 5.96 million for the day, which was noticeably higher than the average daily share volume of 2.25 million over the last 3 months.
Manulife Financial Corp experienced a rather steady stock market performance. The highest value in the past year was recorded at $33.07 on 11/14/24 and the lowest value was $22.61 on 04/17/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Manulife Financial Corp (MFC) has experienced a quarterly decline of -9.65% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 49.65B and boasts a workforce of 37000 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 30.75, with a change in price of -1.05. Similarly, Manulife Financial Corp recorded 2,036,674 in trading volume during the last 100 days, posting a change of -3.51%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for MFC stands at 0.28. Similarly, the long-term debt-to-equity ratio is also 0.28.
MFC Stock Stochastic Average
Today, Manulife Financial Corp’s raw stochastic average for the past 50 days stands at 17.09%, indicating a rise from the raw stochastic average of the last 20 days, which was 0.00%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 63.51% and 63.97% respectively.
MFC Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been a mixed bag, with a range of optimism to pessimism depending on their perspective. The metric has seen a significant loss of -6.18% since the start of this calendar year. Looking back over the last six months, we can see a weaker performance of 5.24%. Over the past 30 days, the price of MFC has leaped by -3.67%. And in the last five days, it has fallen by -6.21%.
