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Closing Bell: Manulife Fin down on Tuesday (MFC)

Automated Summaries - The Globe and Mail - Tue Aug 6, 4:02PM CDT

Today during trading, Manulife Fin shares closed at $33.99 after opening the day at $33.28. prices ranged from $33.13 to $34.16.

Share prices eased -0.87% from the previous day's close of $34.29.

Today across North America, the TSX Composite closed -2.18% at 22227.63, the S&P 500 closed -3.00% at 5186.33, the Dow Jones Industrial Average closed -2.60% at 38703.27 and the Nasdaq Composite closed -3.43% at 16200.08.

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

Trading volume was 10,513,091 on 16,437 total trades, with an average volume of 8,265,301 over 5 days.

The TSX market on the whole today saw 3,772 price advancers against 1,443 declines and 86 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 30.78 percent, while they have boosted 16.09% since the start of 2024.

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 $61.37 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. 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..