Manulife Financial Corp. Shares Fall 5.1% Below Previous 52-Week Low - Market Mover
The shares fell 5.1% lower than its previous 52-week low of $17.66, with trading volume higher than its 30 day average
May 12, 2022 by Kwhen Finance Editors
Manulife Financial Corp. (MFC) shares closed 5.1% lower than its previous 52 week low, giving the company a market cap of $36B. The stock is currently down 1.8% year-to-date, down 8.3% over the past 12 months, and up 30.8% over the past five years. This week, the Dow Jones Industrial Average fell 3.8%, and the S&P 500 fell 5.2%.
Trading Activity
- Trading volume this week was 119.5% higher than the 20-day average.
- Beta, a measure of the stock’s volatility relative to the overall market stands at 0.7.
Technical Indicators
- The Relative Strength Index (RSI) on the stock was under 30, indicating it may be underbought.
- MACD, a trend-following momentum indicator, indicates a downward trend.
- The stock closed below its Bollinger band, indicating it may be oversold.
Market Comparative Performance
- The company's share price is the same as the S&P 500 Index , lags it on a 1-year basis, and lags it on a 5-year basis
- The company's share price is the same as the Dow Jones Industrial Average , lags it on a 1-year basis, and lags it on a 5-year basis
- The company share price is the same as the performance of its peers in the Financials industry sector , lags it on a 1-year basis, and lags it on a 5 year basis
| Name | DoD %Δ | YTD %Δ | 1 Yr % | 52-Week H % | 52-Week L % |
|---|---|---|---|---|---|
| Manulife Financial Corp. | -2.7 | -1.8 | -8.3 | -18.7 | 2.2 |
| Dow Jones Industrial Average | -0.3 | -12.1 | -3.8 | -12.9 | 2.5 |
| S&P 500 Index | -0.1 | -17.1 | -2.0 | -17.1 | 3.0 |
| Financials | -0.3 | -15.6 | -6.9 | -19.4 | 3.2 |
Peer Group Comparative Performance
- The company's stock price performance year-to-date beats the peer average by -77.7%
- The company's stock price performance over the past 12 months beats the peer average by -18.9%
| Name | MKT CAP (USD) | P/E | YTD %Δ | 1 Yr %Δ | 52-Week H % | 52-Week L % |
|---|---|---|---|---|---|---|
| Manulife Financial Corp. | MFC | 0 | -1.8 | -8.3 | -18.7 | 2.2 |
| Peer Avg | N/A | -0.2 | -8.2 | -10.3 | -16.1 | 4.7 |
| Prudential plc - ADR | PUK | -15.3 | -33.3 | -45.0 | -47.0 | 3.8 |
| Sun Life Financial, Inc. | SLF | 0 | -12.5 | -7.2 | -17.5 | 0.5 |
| China Life Insurance Co - ADR | LFC | 1.3 | -14.5 | -30.0 | -34.3 | 2.3 |
| Aegon N. V. - New York Shares | AEG | 0 | 0 | 8.8 | -18.3 | 33.0 |
| Voya Financial Inc | VOYA | 6.2 | -6.1 | -6.6 | -17.9 | 4.4 |
| CNO Financial Group Inc | CNO | 5.7 | -15.9 | -22.5 | -26.2 | 3.4 |
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