In Thursday’s Wall Street session, Genworth Financial Inc (NYSE:GNW) shares traded at $7.02, up 2.03% from the previous session.
GNW stock price is now 2.05% away from the 50-day moving average and 0.78% away from the 200-day moving average. The market capitalization of the company currently stands at $2.91B.
On May 05, 2016, Compass Point reiterated its ‘Buy’ rating on the stock by increasing its target price from $5.50 to quote $5.25, while ‘Goldman’ rates the stock as ‘Neutral’
In other news, McInerney Thomas J, President and CEO; Director sold 150,000 shares of the company’s stock on Aug 26 ’24. The stock was sold for $1,031,700 at an average price of $6.88. Upon completion of the transaction, the President and CEO; Director now directly owns 4,532,954 shares in the company, valued at $31.82 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Aug 26 ’24, Officer McInerney Thomas J bought 150,000 shares of the business’s stock. A total of $1,031,721 was incurred on buying the stock at an average price of $6.88. A total of 2.18% of the company’s stock is owned by insiders.
During the past 12 months, Genworth Financial Inc has had a low of $5.87 and a high of $7.90.
The net profit margin was 3.05% and return on equity was 2.73% for GNW. The company reported revenue of $1.79 billion for the quarter, compared to $1.86 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -4.18 percent.
