Closing Bell: Manulife Fin up on Wednesday (MFC)

Manulife Fin opened trading today at $36.45 and closed at $36.78. prices ranged from a low of $36.26 to a high of $36.85.

Shares raised 1.77 percent from the previous day's close of $36.14.

During the day across North America, the TSX Composite closed 1.25% at 23110.81, the S&P 500 closed -0.50% at 5436.44, the Dow Jones Industrial Average closed 0.50% at 40743.33 and the Nasdaq Composite closed -1.28% at 17147.42.

Manulife Fin has listed on the Toronto Stock Exchange (TSX) under the ticker MFC.

Trading volume was 7,815,114 on 12,258 total trades, while having an average volume of 5,679,948 in the last five days.

Trading across the entire TSX saw 3,418 price advancers against 1,773 declines and 138 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, in the last 52 weeks, Manulife Fin's shares have soared 39.74%, while this year, they have advanced 25.61%.

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 $64.68 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.

Manulife Fin's average recommendation is "Moderate Buy" based on 12.00 analysts according to Zacks. From those 12 analysts, 9 have buy ratings and 3 analysts gave hold ratings.

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..