Genworth Financial Stock Over 17% Down In The Last 5 Sessions

(VIANEWS) – Shares of Genworth Financial (NYSE: GNW) dropped by a staggering 17.94% in 5 sessions from $6.13 to $5.03 at 11:39 EST on Wednesday, after four successive sessions in a row of losses. NYSE is sliding 2.55% to $14,563.94, following the last session’s upward trend.

Genworth Financial’s last close was $5.29, 17.34% below its 52-week high of $6.40.

About Genworth Financial

Genworth Financial, Inc. provides insurance products in the United States and internationally. The company operates in three segments: Enact, U.S. Life Insurance, and Runoff. The Enact segment offers mortgage insurance products primarily insuring prime-based, individually underwritten residential mortgage loans; and pool mortgage insurance products. The U.S. Life Insurance segment offers long-term care insurance products; and service traditional life insurance and fixed annuity products in the United States. The Runoff segment includes variable annuity, variable life insurance, and corporate-owned life insurance, as well as funding agreements. It distributes its products through sales force, in-house sales representatives, and digital marketing programs. The company was founded in 1871 and is headquartered in Richmond, Virginia.

Earnings Per Share

As for profitability, Genworth Financial has a trailing twelve months EPS of $0.84.

PE Ratio

Genworth Financial has a trailing twelve months price to earnings ratio of 5.98. Meaning, the purchaser of the share is investing $5.98 for every dollar of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 5.47%.

More news about Genworth Financial (GNW).

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