The stock of Manulife Financial Corp (MFC) has gone down by -3.68% for the week, with a -6.04% drop in the past month and a -1.83% drop in the past quarter. The volatility ratio for the week is 1.87%, and the volatility levels for the past 30 days are 1.68% for MFC. The simple moving average for the last 20 days is -3.22% for MFC stock, with a simple moving average of 6.65% for the last 200 days.
Is It Worth Investing in Manulife Financial Corp (NYSE: MFC) Right Now?
Manulife Financial Corp (NYSE: MFC) has a higher price-to-earnings ratio of 14.19x compared to its average ratio, The 36-month beta value for MFC is at 1.08. Analysts have varying views on the stock, with 3 analysts rating it as a “buy,” 6 rating it as “overweight,” 4 as “hold,” and 0 as “sell.”
The public float for MFC is 1.75B, and currently, shorts hold a 0.96% of that float. The average trading volume for MFC on January 14, 2025 was 1.84M shares.
MFC) stock’s latest price update
Manulife Financial Corp (NYSE: MFC) has seen a decline in its stock price by -0.84 in relation to its previous close of 29.79. However, the company has experienced a -3.68% decline in its stock price over the last five trading sessions. zacks.com reported 2025-01-03 that Manulife Financial stock rallies on the back of solid Asia business, expanding Wealth and Asset Management business and solid capital position.
MFC Trading at -5.54% 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 -10.67% of loss for the given period.
Volatility was left at 1.68%, however, over the last 30 days, the volatility rate increased by 1.87%, as shares sank -6.22% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -1.76% lower at present.
During the last 5 trading sessions, MFC fell by -3.68%, which changed the moving average for the period of 200-days by +22.27% in comparison to the 20-day moving average, which settled at $30.52. In addition, Manulife Financial Corp saw -3.81% 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:
- 0.04 for the present operating margin
- 1.0 for the gross margin
The net margin for Manulife Financial Corp stands at 0.13. The total capital return value is set at 0.0. Equity return is now at value 11.06, with 0.60 for asset returns.
Based on Manulife Financial Corp (MFC), the company’s capital structure generated 0.21 points at debt to capital in total, while cash flow to debt ratio is standing at 1.93. The debt to equity ratio resting at 0.26. The interest coverage ratio of the stock is 1.01.
Currently, EBITDA for the company is 8.59 billion with net debt to EBITDA at -1.1. When we switch over and look at the enterprise to sales, we see a ratio of 1.42. The liquidity ratio also appears to be rather interesting for investors as it stands at 88.82.
Conclusion
In conclusion, Manulife Financial Corp (MFC) has had a bad performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
