Manulife Financial Corps in-depth data and chart pattern analysis indicates that the stock price has rallied 4.06% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 30.75% . Looking at the past 52 week period, the stock price is up at 37.36% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of Manulife Financial Corp has a positive value of 26.12 compared to overall market.
Manulife Financial Corporation stock has recorded a 20-day Moving Average of 3.29% and the 50-Day Moving Average is 1.52%.The 200 Day SMA reached 19.37%Manulife Financial Corporation is having a Relative Strength Index of 39.24 which indicates the stock is not yet over sold or over bought based on the technical indicators.Manulife Financial Corp (NYSE:MFC) has tumbled 3.96% during the past week and has dropped 5.01% in the last 4 week period. The stocks are negative as compared to the S&P 500 for the past week with a loss of 4.61%. Manulife Financial Corp (NYSE:MFC) has underperformed the index by 7.93% in the last 4 weeks. Investors should watch out for further signals and trade with caution.
Manulife Financial Corp (NYSE:MFC) stock ended Friday session in the red zone in a volatile trading. The stock closed down 0.36 points or 1.94% at $18.2 with 3,859,294 shares getting traded. Post opening the session at $18.39, the shares hit an intraday low of $18.1301 and an intraday high of $18.43 and the price was in this range throughout the day. The company has a market cap of $35,953 million and the number of outstanding shares has been calculated to be 1,975,454,900 shares. The 52-week high of Manulife Financial Corp (NYSE:MFC) is $19.52 and the 52-week low is $12.09.
Institutional Investors own 48.9% of Manulife Financial Corp shares. Manulife Financial Corporation (USA) Last issued its quarterly earnings results on Feb 9, 2017. The company reported $0.63 EPS for the quarter, beating the analyst consensus estimate by $ 0.12. Analyst had a consensus of $0.51.Analysts expectations of $ 19722.94.During the same quarter in the previous year, the company posted $0.42 EPS.
Manulife Financial Corporation is engaged in providing financial protection products and investment management services to individuals, families, businesses and groups in selected international markets.