The price of Genworth Financial, Inc. (NYSE:GNW) over the past year has decreased -21.53% while the S&P 500 has increased 18.38%. During the past 20 days, GNW has decreased -7.58% while the broad market has increased 2.67%. GNW ‘s 20-day moving average currently sits above its 100-day moving average. This is a bullish signal that suggests the stock price might continue to rise. GNW’s average trading volume during the past 20 days is lower than the average volume over the past 100 days, which could be an indication that investors are feeling less certain than usual about the direction of GNW’s future price movements.
Recent trading patterns in the stock of Genworth Financial, Inc. (GNW) have investors on high alert. Traders use price and volume data to predict performance and time their positions. In the case of GNW, the data could have some important implications for future performance. In the most recent quarter, institutional ownership decreased by a net of 3.26 million shares, or 0.96%.This is a bearish sign and indicates that institutions are feeling more pessimistic about the outlook for GNW overall.120 holders increased their positions, 115 decreased their positions, and 64 holders held their positions.
Among institutions that increased their positions, 34 were new positions. Among holders that decreased their positions, 21 sold out of the stock Genworth Financial, Inc.. Insider ownership during the latest quarter decreased by a net of 1193 shares, indicating that GNW’s key executives are feeling more bearish about the stock than they did three months ago. This activity represents a continuation of a theme over the past twelve months. Insider ownership during the last year has decreased by a net of 227064 shares.
Genworth Financial, Inc. (NYSE:GNW) has a 20-day RSI of 38.84%. According to this momentum indicator, a reading between 30 and 70 suggests the stock is not especially cheap or expensive, and not on the brink of a trend reversal. The MACD tells a different story. GNW’s 9-day MACD currently sits above the 20-day MACD, indicating that GNW’s downside momentum has increased during the last three weeks. This suggests that the trend will likely continue. GNW’s average trading volatility during the past few weeks is -50.65% lower than the average volatility over the past 100 days. This means that the stock’s daily price swings have been less extreme in recent times compared to the past.
Analysts expect Genworth Financial, Inc. (GNW) to generate earnings per share of $0.94 in 2017. This works out to a decrease of -249.21% compared to last year’s earnings. For comparison’s sake, analysts expect the S&P 500 to grow earnings by an average of 12% in 2017. The average investment rating for GNW on a scale of 1 to 5 (1 being a strong sell and 5 being a strong buy) is a 3.00 or a Hold. Three months ago, analysts assigned GNW a 3.50 rating, which implies that analysts have become more pessimistic about the outlook for the stock over the next year.