Manulife Financial Corporation (MFC): From Top to Bottom

Manulife Financial Corporation (MFC) is an interesting player in the Financial space, with a focus on Life Insurance. The stock has been active on the tape, currently trading at $20.86, down from yesterday’s close by -0.67%. Given the stock’s recent action, it seemed like a good time to take a closer look at the company’s recent data.

Fundamental Analysis

Manulife Financial Corporation (MFC) currently trades with a market capitalization of $41.60 Billion. That value represents a market adjusting for revenues that have been falling by -17.46 % on a quarterly year/year basis as of the company’s last quarterly report.

You can get a sense of how sustainable that is by a levered free cash flow of $17.49 Billion over the past twelve months. Generally speaking, earnings are expected to grow in coming quarters. Analysts are forecasting earnings of $0.46 on a per share basis this quarter. Perhaps, that suggests something about why 0.00% of the outstanding share supply is held by institutional investors.

Technical Analysis

Sometimes, we can understand most about a stock by simply looking at how it has been trading. Looking at the stock’s movement on the chart, Manulife Financial Corporation recorded a 52-week high of $21.69. It is now trading 0.83% off that level. The stock is trading $20.85 its 50-day moving average by -0.009999999999998%. The stock carved out a 52-week low down at $16.62.

In recent action, Manulife Financial Corporation (MFC) has made a move of -0.86% over the past month, which has come on weak relative transaction volume. Over the trailing year, the stock is underperforming the S&P 500 by 19.03, and it’s gotten there by action that has been more volatile on a day-to-day basis than most other stocks on the exchange. In terms of the mechanics underlying that movement, traders will want to note that the stock is trading on a float of 0.30% with $1.98 Billion sitting short, betting on future declines. That suggests something of the likelihood of a short squeeze in shares of MFC.

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