MetLife Inc. (MET) Dips 3.31% for March 22

Equities Staff  |

Among the S&P 500’s biggest fallers on Friday March 22 was MetLife Inc. (MET). The stock experienced a 3.31% decline to $41.79 with 8.5 million shares changing hands.

MetLife Inc. started at an opening price of 42.67 and hit a high of $42.79 and a low of $41.41. Ultimately, the stock took a hit and finished the day at $1.43 per share. MetLife Inc. trades an average of n/a shares a day out of a total 957.27 million shares outstanding. The current moving averages are a 50-day SMA of $n/a and a 200-day SMA of $n/a. MetLife Inc. hit a high of $48.92 and a low of $37.76 over the last year.

MetLife--once a mutual company before the 2000 demutualization--is the largest life insurer in the U.S. by assets and provides a variety of insurance and financial services products. Outside the United States, MetLife operates in Japan and more than 50 countries in Latin America, the Asia-Pacific region, Europe, and the Middle East.

With its headquarters located in New York, NY, MetLife Inc. employs 48,000 people. After today’s trading, the company’s market cap has fallen to $40 billion, a P/S of n/a, a P/B of 0.76, and a P/FCF of n/a.

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For all the attention paid to the Dow Jones Industrial Average (DJIA), it’s the S&P 500 that’s relied on by insiders and institutional investors. It represents the industry standard for American large-cap indices.

The Dow is made up of just 30 stocks to the S&P 500’s 500, and it uses an unreliable and outdated price-weighting system where the S&P 500 relies on market cap in weighting its returns. This is why its long-term returns is a much more reliable gauge for the performance of large- and mega-cap stocks over time.

To get more information on MetLife Inc. and to follow the company’s latest updates, you can visit the company’s profile page here: MET’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit’s Newsdesk. Also, don’t forget to sign-up for our daily email newsletter to ensure you don’t miss out on any of our best stories.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to:



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