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 61.88% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 18.64%, 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 17.86% in the last 1 week, and is up 61.54% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a twenty day Moving Average of 27.94% and the fifty day Moving Average is 47.39%. Genworth Financial, Inc. is up 25.89% in the last three month period. Year-to-Date the stock performance stands at 23.86%.
Genworth Financial Inc (GNW) : 3 investment research analysts covering Genworth Financial Inc (GNW) have an average price target of $3.83 for the near short term. The highest target price given by the Brokerage Firm to the stock is $5 and the lowest target is $2 for the short term. Analysts expect the variance to be within $1.66 of the average price.
Genworth Financial Inc (NYSE:GNW): stock turned positive on Friday. Though the stock opened at $4.42, the bulls momentum made the stock top out at $4.63 level for the day. The stock recorded a low of $4.37 and closed the trading day at $4.62, in the green by 5.00%. The total traded volume for the day was 14,827,658. The stock had closed at $4.4 in the previous days trading.
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.