Shares of MFC traded higher by 0.78% or $0.08/share to $10.33. Manulife Financial Corporation is trading at a price to book ratio of 0.79. This indicates that the value of the company's underlying assets exceeds today's market price. The price to sales ratio came in at 0.42. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 5988770 shares of MFC.TO exchange hands on a given day and today's volume is recorded at 3765298. These factors combined may make this company a potential takeover candidate. Value investors may have an eye on this one, especially if the stock gets cheaper.
