Genworth Financial Stock Is 22% Down In The Last 10 Sessions

(VIANEWS) – Shares of Genworth Financial (NYSE: GNW) dropped by a staggering 22.12% in 10 sessions from $6.23 to $4.85 at 13:41 EST on Friday, following the last session’s upward trend. NYSE is falling 1.44% to $14,617.43, following the last session’s upward trend.

Genworth Financial’s last close was $5.03, 21.41% under 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 5.77. Meaning, the purchaser of the share is investing $5.77 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%.

Stock Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Genworth Financial’s stock is considered to be overbought (>=80).

Volatility

Genworth Financial’s last week, last month’s, and last quarter’s current intraday variation average was a negative 7.89%, a negative 1.82%, and a positive 2.01%.

Genworth Financial’s highest amplitude of average volatility was 7.89% (last week), 3.00% (last month), and 2.01% (last quarter).

Revenue Growth

Year-on-year quarterly revenue growth grew by 9.2%, now sitting on 7.51B for the twelve trailing months.

Growth Estimates Quarters

The company’s growth estimates for the current quarter and the next is a negative 31% and a negative 25.7%, respectively.

More news about Genworth Financial (GNW).

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