Genworth Financial Inc (GNW) Reports -4.81% Fall From For 52 Week High, It’s Always Darkest Before The Dawn

Genworth Financial Inc (NYSE:GNW) does about 2.85M shares in volume on a normal day but saw 2860821 shares change hands in the recent trading day. The company now has a market cap of 3.21B USD. Its current market price is $7.52, marking a decrease of -0.13% compared to the previous close of $7.53. The 52 week high reached by this stock is $7.90 whilst the lowest price level in 52 weeks is $5.67.

Genworth Financial Inc (GNW) has a 20-day trading average at $7.59 and the current price is -4.81% off the 52-week high compared with 32.63% distance from its 52-week low. The 50-day simple moving average of the closing price is $7.24 and its 200-day simple moving average is $6.61. If we look at the stock’s price movements over the week, volatility stands at 1.54%, which increases to 1.68% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 54.95 to suggest the stock is neutral.

The consensus objective for the share price is $8.50, suggesting that the stock has a potential upside of 11.53% over the period.

Compass Point reiterated its price target at $7.50-$5.50.

The current price level is -0.88%, 3.89%, and 13.80% away from its SMA20, SMA50, and SMA200 respectively, with the GNW price moving above the 50-day SMA on current market day. Genworth Financial Inc (GNW) stock is up 1.76% over the week and 3.58% over the past month. Its price is 12.57% year-to-date and 17.68% over the past year.

The company’s next earnings report forecasts estimating quarterly EPS at 0 and 0.76 for whole year.

To reach the target analysts have set, the stock logically needs to grow 11.53 percent from here.

The company has a return on investment of 0.89% and return on equity of 1.16%. The price to earnings ratio (P/E ratio) amounts to 36.79 while the forward price to earnings ratio is 8.36. The beta has a value of 0.99. Price to book ratio is 0.39 and price to sales ratio is 0.46.