Genworth Financial Inc [NYSE: GNW] gained 1.63% on the last trading session, reaching $6.84 price per share at the time.
If compared to the average trading volume of 3.91M shares, GNW reached a trading volume of 5276839 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Genworth Financial Inc [GNW]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for GNW shares is $8.50 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on GNW stock is a recommendation set at 3.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Wells Fargo have made an estimate for Genworth Financial Inc shares, keeping their opinion on the stock as Market Perform, with their previous recommendation back on September 23, 2016. While these analysts kept the previous recommendation, Compass Point dropped their target price from $5.50 to $5.25. The new note on the price target was released on May 05, 2016, representing the official price target for Genworth Financial Inc stock. Previously, the target price had yet another drop from $7.50 to $5.50, while Compass Point kept a Buy rating on GNW stock.
The Average True Range (ATR) for Genworth Financial Inc is set at 0.17, with the Price to Sales ratio for GNW stock in the period of the last 12 months amounting to 0.42. The Price to Book ratio for the last quarter was 0.35. Price to Free Cash Flow for GNW in the course of the last twelve months was 14.04.
Trading performance analysis for GNW stock
Genworth Financial Inc [GNW] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 3.17. With this latest performance, GNW shares dropped by -5.79% in over the last four-week period, additionally plugging by 0.15% over the last 6 months – not to mention a rise of 11.95% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for GNW stock in for the last two-week period is set at 43.65, with the RSI for the last a single of trading hit 44.55, and the three-weeks RSI is set at 44.26 for Genworth Financial Inc [GNW]. The present Moving Average for the last 50 days of trading for this stock 7.05, while it was recorded at 6.65 for the last single week of trading, and 6.80 for the last 200 days.
An analysis of Institutional ownership at Genworth Financial Inc [GNW]
The top three institutional holders of GNW stocks are: BLACKROCK INC. with ownership of 62.92 million shares, which is approximately 14.2036%. VANGUARD GROUP INC, holding 50.28 million shares of the stock with an approximate value of $$303.7 million in GNW stocks shares; and VANGUARD GROUP INC, currently with $$184.19 million in GNW stock with ownership which is approximately 6.8837%.
