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Coverage Initiated on Insurance Stocks Manulife Financial, Sun Life Financial, Power Financial, and Great West Lifeco

LONDON, UK / ACCESSWIRE / July 22, 2016 / Active Wall St. announces the list of stocks for today’s coverage. Pre-market the Active Wall St. team provides the technical notes impacting selected stocks trading on the Toronto Exchange and belonging under the Insurance industry. Companies recently under review include Manulife Financial, Sun Life Financial, Power Financial, and Great-West Lifeco. Get all of our research notes free by signing up at: http://www.activewallst.com/register/.

On Thursday, July 21, 2016, the TSX Composite Index advanced 0.22% to finish at 14,565.83. The Financials sector was down 0.73 basis points, or 0.29%, closing at 249.42.

Active Wall St. has initiated coverage on the following equities Manulife Financial Corporation (TSX: MFC), Sun Life Financial Inc. (TSX: SLF), Power Financial Corporation (TSX: PWF), and Great-West Lifeco Inc. (TSX: GWO). Register with us now for your free membership and more at: http://www.activewallst.com/register/.

Manulife Financial Corporation (TSX: MFC)

Toronto, Canada headquartered Manulife Financial Corp.’s stock edged 0.33% lower to close the day at $17.95. The stock recorded a trading volume of 1.63 million shares, which was below its three months average volume of 4.29 million shares. Manulife Financial’s shares have fallen by 2.29% in the last one month. The company’s shares are trading above their 50-day moving average. Moreover, the stock’s 200-day moving average of $18.27 is greater than its 50-day moving average of $17.94. Shares of Manulife Financial, which together with its subsidiaries, provides financial advice, insurance, and wealth and asset management solutions for individuals, groups, and institutions in Asia, Canada, and the U.S., traded at a PE ratio of 14.96. See our notes on MFC.TO at: http://www.activewallst.com/registration-3/?symbol=MFC.

Sun Life Financial Inc. (TSX: SLF)

On Thursday, shares in Toronto, Canada headquartered Sun Life Financial Inc. ended the session 0.60% lower at $43.09 with a total volume of 500,975 shares traded. Sun Life Financial’s shares have advanced 0.02% in the previous three months and 3.23% in the past one year. The stock is trading above its 50-day and 200-day moving averages. The company’s 50-day moving average of $42.89 is greater than its 200-day moving average of $41.73. Shares of the Company, which provides protection and wealth products and services to individuals and corporate customers globally, traded at a PE ratio of 11.61. The complimentary notes on SLF.TO at: http://www.activewallst.com/registration-3/?symbol=SLF.

Power Financial Corporation (TSX: PWF)

On Thursday, shares in Montréal, Canada-based Power Financial Corp. recorded a trading volume of 244,391 shares, which was lower than their three months average volume of 445,606 shares. The stock ended the day 0.49% lower at $30.27. Power Financial’s stock has declined 2.86% in the last one month. The Company is trading below its 50-day and 200-day moving averages. The company stock’s 200-day moving average of $31.33 is above its 50-day moving average of $30.57. Shares of Power Financial, which provides financial services in Canada, the U.S., Europe, and Asia, traded at a PE ratio of 10.80. Register for free and access the latest notes on PWF.TO at: http://www.activewallst.com/registration-3/?symbol=PWF.

Great-West Lifeco Inc. (TSX: GWO)

Winnipeg, Canada-based financial services holding company, Great-West Lifeco Inc.’s stock finished Thursday’s session 0.47% lower at $34.14 with a total volume of 189,719 shares traded. Over the last one month, Great-West Lifeco Inc.’s shares have fallen by 3.45%. The Company’s shares are trading below its 50-day and 200-day moving averages. Great-West Lifeco Inc.’s 200-day moving average of $34.69 is above its 50-day moving average of $34.38. Shares of the Company, which engages in life and health insurance, asset management, investment and retirement savings, and reinsurance businesses in Canada, the U.S., Europe, and Asia, traded at a PE ratio of 12.69. Get free access to your notes on GWO.TO at: http://www.activewallst.com/registration-3/?symbol=GWO.

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SOURCE: Active Wall Street

ReleaseID: 442706

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