Genworth Financial Inc (GNW) stock has fallen 16.67% over the past week and gets a Bearish rating from InvestorsObserver's Sentiment Indicator.
What is Stock Sentiment?
When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment.
Changes in price are generally the best indicator of sentiment for a particular stock. At its core, a stock's trend indicates whether current market sentiment is bullish or bearish. Investors must be bullish if a stock is trending upward, and are bearish if a stock is moving down.
InvestorsObserver's Sentiment Indicator factors in both price changes and variations in volume. An increase in volume usually means a current trend is stengthening, while a drop in volume tends to signal a reversal to the ongoing trend.
Our system also uses the options market in order to receive additional signals on current sentiments. We take into account the ratio of calls and puts for a stock since options allow an investor to bet on future changes in price.
What's Happening With GNW Stock Today?
Genworth Financial Inc (GNW) stock is higher by 11.13% while the S&P 500 is lower by -0.07% as of 2:15 PM on Friday, Jan 8. GNW is up $0.32 from the previous closing price of $2.83 on volume of 9,344,383 shares. Over the past year the S&P 500 has risen 16.85% while GNW is lower by -28.57%. GNW lost -$0.22 per share in the over the last 12 months.
To see InvestorsObserver's Sentiment Score for Genworth Financial Inc click here.
More About Genworth Financial Inc
Genworth Financial is a diversified insurance holding company that provides various mortgage and life insurance products. The company has four main operating business segments: U.S. mortgage insurance; Australia mortgage insurance; U.S. life insurance, and Runoff. The company's product portfolio includes various financial products such as traditional life insurance, mortgage insurance, fixed annuities, and variable annuities. The vast majority of revenue is generated by the company's U.S. life insurance segment that offers long-term care insurance, fixed annuity, and traditional life insurance products. The company earns most of its revenue in the United States.
Click Here to get the full Stock Score Report on Genworth Financial Inc (GNW) Stock.
