The market has been high on Genworth Financial Inc (GNW) stock recently. GNW gets a Bullish score from InvestorsObserver Stock Sentiment Indicator.
Genworth Financial Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on GNW!
What is Stock Sentiment?
Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score.
As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend.
Price action is generally the best indicator of sentiment. For a stock to go up, investors must feel good about it. Similarly, a stock that is in a downtrend must be out of favor.
InvestorsObserver’s Sentiment Indicator considers price action and recent trends in volume. Increasing volumes often mean that a trend is strengthening, while decreasing volumes can signal that a reversal could come soon.
The options market is another place to get signals about sentiment. Since options allow investors to place bets on the price of a stock, we consider the ratio of calls and puts for stocks where options are available.
What's Happening With GNW Stock Today?
Genworth Financial Inc (GNW) stock has gained 2.66% while the S&P 500 is down -0.7% as of 1:58 PM on Monday, Dec 4. GNW has gained $0.16 from the previous closing price of $6.03 on volume of 3,428,969 shares. Over the past year the S&P 500 has risen 14.09% while GNW has gained 24.80%. GNW earned $0.95 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 6.52.
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 three main operating business segments: Enact, 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. Most of the 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.
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