(VIANEWS) – The NYSE ended the session with Manulife Financial (MFC) jumping 9.5% to $24.78 on Thursday while NYSE jumped 1.12% to $17,432.75.
Manulife Financial’s last close was $22.63, 0.09% under its 52-week high of $22.65.
About Manulife Financial
Manulife Financial Corporation, together with its subsidiaries, provides financial products and services in Asia, Canada, the United States, and internationally. The company operates through Wealth and Asset Management Businesses; Insurance and Annuity Products; and Corporate and Other segments. The Wealth and Asset Management Businesses segment offers investment advice and solutions to retirement, retail, and institutional clients through multiple distribution channels, including agents and brokers affiliated with the company, independent securities brokerage firms and financial advisors pension plan consultants, and banks. The Insurance and Annuity Products segment provides deposit and credit products; and individual life insurance, individual and group long-term care insurance, and guaranteed and partially guaranteed annuity products through multiple distribution channels, including insurance agents, brokers, banks, financial planners, and direct marketing. The Corporate and Other segment is involved in property and casualty reinsurance businesses; and run-off reinsurance operations, including variable annuities, and accident and health. The company also manages timberland and agricultural portfolios; and engages in insurance agency, investment counseling and dealer, portfolio and mutual fund management, property and casualty insurance, and mutual fund dealer businesses. Manulife Financial Corporation was incorporated in 1887 and is headquartered in Toronto, Canada.
Earnings Per Share
As for profitability, Manulife Financial has a trailing twelve months EPS of $5.17.
PE Ratio
Manulife Financial has a trailing twelve months price to earnings ratio of 4.79. Meaning, the purchaser of the share is investing $4.79 for every dollar of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 26.37%.
Volume
Today’s last reported volume for Manulife Financial is 5954670 which is 78.33% above its average volume of 3339020.
Moving Average
Manulife Financial’s worth is way higher than its 50-day moving average of $21.37 and way higher than its 200-day moving average of $19.45.
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