Genworth Financial Inc (GNW) is -5.65% away from 50-day simple Moving Average despite all headwinds

On Monday, Genworth Financial Inc (NYSE: GNW) opened lower -0.85% from the last session, before settling in for the closing price of $5.91. Price fluctuations for GNW have ranged from $4.51 to $6.93 over the past 52 weeks.

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It was noted that within the last five years, the titan of the Financial sector saw sales slided by -2.46%. Company’s average yearly earnings per share was noted 761.11% at the time writing. With a float of $430.38 million, this company’s outstanding shares have now reached $446.82 million.

The extent of productivity of a business whose workforce counts for 2700 workers is very important to gauge.

Genworth Financial Inc (GNW) Insider and Institutional Ownership

A key investor’s attitude towards the stock of the Insurance – Life industry is another important factor to consider. The insider ownership of Genworth Financial Inc is 2.07%, while institutional ownership is 83.40%. The most recent insider transaction that took place on Dec 04 ’23, was worth 1,235,400. In this transaction President and CEO; Director of this company sold 200,000 shares at a rate of $6.18, taking the stock ownership to the 3,270,010 shares. Before that another transaction happened on Aug 11 ’23, when Company’s President and CEO; Director sold 200,000 for $6.01, making the entire transaction worth $1,201,200. This insider now owns 3,470,010 shares in total.

Genworth Financial Inc (GNW) Latest Financial update

Wall Street market experts anticipate that the next fiscal year will bring earnings of 31.29 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 761.11% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 5.00% during the next five years compared to -7.62% drop over the previous five years of trading.

Genworth Financial Inc (NYSE: GNW) Trading Performance Indicators

Check out the current performance indicators for Genworth Financial Inc (GNW). In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.37. Likewise, its price to free cash flow for the trailing twelve months is 4.31.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.00, a number that is poised to hit 0.18 in the next quarter and is forecasted to reach 0.90 in one year’s time.

Technical Analysis of Genworth Financial Inc (GNW)

The latest stats from [Genworth Financial Inc, GNW] show that its last 5-days average volume of 3.37 million was superior to 2.75 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 9.78%. Additionally, its Average True Range was 0.16.

During the past 100 days, Genworth Financial Inc’s (GNW) raw stochastic average was set at 14.40%, which indicates a significant increase from 11.11% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 18.91% in the past 14 days, which was lower than the 26.51% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $6.20, while its 200-day Moving Average is $6.03. Now, the first resistance to watch is $5.98. This is followed by the second major resistance level at $6.11. The third major resistance level sits at $6.21. If the price goes on to break the first support level at $5.76, it is likely to go to the next support level at $5.66. The third support level lies at $5.53 if the price breaches the second support level.

Genworth Financial Inc (NYSE: GNW) Key Stats

There are currently 439,459K shares outstanding in the company with a market cap of 2.58 billion. Presently, the company’s annual sales total 7,488 M according to its annual income of 76,000 K. Last quarter, the company’s sales amounted to 1,911 M and its income totaled -152,000 K.