Manulife Financial Corporation (NYSE:MFC) went down by -2.75% from its latest closing price compared to the recent 1-year high of $22.19. The company’s stock price has collected -2.92% of loss in the last five trading sessions. The Wall Street Journal reported on 02/09/22 that Enphase Energy, Chipotle, Peloton, Uber: What to Watch in the Stock Market Today
Is It Worth Investing in Manulife Financial Corporation (NYSE :MFC) Right Now?
Manulife Financial Corporation (NYSE:MFC) scored a price-to-earnings ratio above its average ratio, recording 5.80 x from its present earnings ratio. Plus, the 36-month beta value for MFC is at 1.15. Opinions of the stock are interesting as 3 analysts out of 16 who provided ratings for Manulife Financial Corporation declared the stock was a “buy,” while 4 rated the stock as “overweight,” 8 rated it as “hold,” and 1 as “sell.”
The average price from analysts is $21.05, which is $2.92 above the current price. MFC currently public float of 1.90B and currently shorts hold a 2.13% ratio of that float. Today, the average trading volume of MFC was 3.17M shares.
MFC’s Market Performance
MFC stocks went down by -2.92% for the week, with a monthly drop of -8.72% and a quarterly performance of -1.05%, while its annual performance rate touched -8.72%. The volatility ratio for the week stands at 2.43% while the volatility levels for the past 30 days are set at 2.13% for Manulife Financial Corporation. The simple moving average for the period of the last 20 days is -3.19% for MFC stocks with a simple moving average of -11.00% for the last 200 days.
MFC Trading at -4.87% from the 50-Day Moving Average
After a stumble in the market that brought MFC to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -23.57% of loss for the given period.
Volatility was left at 2.13%, however, over the last 30 days, the volatility rate increased by 2.43%, as shares sank -4.40% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -2.02% lower at present.
During the last 5 trading sessions, MFC fell by -2.92%, which changed the moving average for the period of 200-days by -7.17% in comparison to the 20-day moving average, which settled at $17.48. In addition, Manulife Financial Corporation saw -11.06% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for MFC
Current profitability levels for the company are sitting at:
- +14.48 for the present operating margin
The net margin for Manulife Financial Corporation stands at +12.01. Equity return is now at value 15.30, with 0.90 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 1.53.