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Closing Bell: Manulife Fin down on Monday (MFC)

Automated Summaries - The Globe and Mail - Mon Jul 29, 4:02PM CDT

In today's trading, Manulife Fin shares closed at $35.87 after opening the day at $36.08. It traded at a low of $35.68 to a high of $36.16.

Share prices dipped -0.28% from the previous day's close of $35.97.

During the day across North America, the TSX Composite closed -0.15% at 22779.57, the S&P 500 closed 1.11% at 5459.10, the Dow Jones Industrial Average closed 1.64% at 40589.34 and the Nasdaq Composite closed 1.03% at 17357.88.

Manulife Fin traded under MFC on the Toronto Stock Exchange (TSX).

Trading volume was 7,627,592 on 6,844 total trades, while having an average volume of 5,010,745 over 5 days.

The TSX overall saw 1,903 price advancers against 3,356 declines and 91 unchanged.

During the prior 52 weeks, MFC.TO has traded as high as $37.46 (July 12,2024) and low as $23.69 (October 27,2023). Moreover, the shares have advanced 36.28% in the last 52 weeks, while in 2024, they have advanced 22.51%.

It announced a 0.40 dividend on May 09/24, with an May 21/24 ex-date and June 19/24 pay day.

Following today's trading, Manulife Fin has a market capitalization of $64.38 billion on a float of 1,789,707 shares outstanding. Its annual EPS is $2.33.

Manulife Fin is a TSX Insurance company headquartered in Toronto, CAN.

Based on 12.00 analysts, Manulife Fin gets an average recommendation of "Moderate Buy" according to Zacks. Currently, there are 9 buy ratings and 3 hold ratings for the stock.

AI at The Globe and Mail
This report is produced using automated technology that summarizes market data into articles for our readers. Ongoing project experiments that leverage artificial intelligence include valuation screens across 14 categories and end-of-day Closing Summary reports for all North American securities..