Genworth Financial Rises On Unusually High Volume (GNW)

NEW YORK ( TheStreet) -- Genworth Financial (NYSE: GNW) is trading at unusually high volume Thursday with 37.8 million shares changing hands. It is currently at four times its average daily volume and trading up 18 cents (+3.1%) at $6.06 as of 3:40 p.m. ET.

Genworth Financial has a market cap of $3.78 billion and is part of the financial sector and insurance industry. Shares are up 17.6% year to date as of the close of trading on Wednesday.

Genworth Financial, Inc., a financial security company, provides insurance, wealth management, investment, and financial solutions in the United States and internationally. The company has a P/E ratio of 14.5, below the average insurance industry P/E ratio of 30.8 and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Genworth Financial as a hold. The company's strengths can be seen in multiple areas, such as its increase in net income, revenue growth and attractive valuation levels. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity, a generally disappointing performance in the stock itself and poor profit margins. You can view the full Genworth Financial Ratings Report.

See all heavy volume stocks in our stocks moving on unusual volume list or get investment ideas from our investment research center.

null

More from Markets

Video: When Planning for Retirement, Don't Underestimate Your Life Span

Video: When Planning for Retirement, Don't Underestimate Your Life Span

Video: Here's What May Come Next for Theranos Founder and CEO Elizabeth Holmes

Video: Here's What May Come Next for Theranos Founder and CEO Elizabeth Holmes

Charlie Gasparino Says GE Is Reportedly Looking to Slash Its Dividend Again

Charlie Gasparino Says GE Is Reportedly Looking to Slash Its Dividend Again

GE Confirms $11.1 Billion Transportation Merger With Wabtec

GE Confirms $11.1 Billion Transportation Merger With Wabtec

Dow Leads Major Indices With Triple-Digit Rally

Dow Leads Major Indices With Triple-Digit Rally