Genworth Financial Inc (GNW) : Traders are bullish on Genworth Financial Inc (GNW) as it has outperformed the S&P 500 by a wide margin of 29.15% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 1.1%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 1.64% in the last 1 week, and is up 26.53% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The stock has recorded a 20-day Moving Average of 7.72% and the 50-Day Moving Average is 34.47%.The 200 Day SMA reached 54.73% Genworth Financial, Inc. is up 59.49% in the last 3-month period. Year-to-Date the stock performance stands at 32.98%.
Genworth Financial Inc (GNW) : The highest short term price target forecast on Genworth Financial Inc (GNW) is $5 and the lowest target price is $2. A total of 3 equity analysts are currently covering the company. The average price of all the analysts is $3.83 with a standard deviation of $1.66.
For the current week, the company shares have a recommendation consensus of Buy. Genworth Financial Inc (NYSE:GNW): stock was range-bound between the intraday low of $4.86 and the intraday high of $5 after having opened at $4.95 on Fridays session. The stock finally closed in the red at $4.95, a loss of -1.39%. The stock remained in the red for the whole trading day. The total traded volume was 8,887,219 shares. The stock failed to cross $5 in Fridays trading. The stocks closing price on Thursday was $4.96.
Genworth Financial, Inc. is engaged in providing the insurance, retirement and homeownership needs of its customers. The Company operates through three divisions: U.S. Life Insurance, Global Mortgage Insurance and Corporate and Other. The Company operates in segments: U.S. Life Insurance, in which it offers and manages a variety of insurance and fixed annuity products in the United States; International Mortgage Insurance, in which it provides mortgage insurance products and related services in Canada and Australia, and also in select European and other countries; U.S. Mortgage Insurance, in which it offers mortgage insurance products predominantly insuring prime-based, individually underwritten residential mortgage loans; International Protection, in which it provides payment protection coverages, and Runoff, which includes the results of non-strategic products, which are no longer actively sold.