Manulife Financial Corp (MFC) Shares Slide -1.59%

Manulife Financial Corp (MFC) : During the past 4 weeks, traders have been relatively bearish on Manulife Financial Corp (MFC), hence the stock is down -4.16% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -1.52% relative to the S&P 500. The 4-week change in the price of the stock is -0.94% and the stock has fallen -1.59% in the past 1 week.

The stock has recorded a 20-day Moving Average of 0.68% and the 50-Day Moving Average is 2.58%. Manulife Financial Corporation has dropped 6.52% during the last 3-month period . Year-to-Date the stock performance stands at -7.1%.


Manulife Financial Corp (NYSE:MFC): stock turned positive on Friday. Though the stock opened at $13.57, the bulls momentum made the stock top out at $13.71 level for the day. The stock recorded a low of $13.555 and closed the trading day at $13.63, in the green by 0.15%. The total traded volume for the day was 1,541,958. The stock had closed at $13.61 in the previous days trading.

Manulife Financial Corp is a Canada-based financial services and life insurance company. The Company offers financial protection and wealth management products and services. It caters to personal and business clients. It also provides asset management services to institutional customers. Its operating segments are Asia, Canadian and U.S. Divisions, and the Corporate and Other segment. Its Asia, Canadian and U.S. Divisions segment offers protection and wealth management services, such as life insurance and individual group long-term care insurance, annuities, pension contracts and mutual fund products and services, retirement products, and deposit and credit products to Canadian customers, among others. The Companys Corporate and Other segment consists of investment performance on assets backing capital, net of amounts allocated to operating division and financing costs, external asset management business, and property and casualty (P&C) reinsurance business, among others.

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