Genworth Financial (NYSE:GNW) hit a new 52-week high Wednesday as it is currently trading at $11.05, above its previous 52-week high of $11.02 with 2.7 million shares traded as of 11:06 a.m. ET. Average volume has been 9.4 million shares over the past 30 days.
Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model. NEW YORK ( TheStreet) -- Genworth Financial (NYSE: GNW) hit a new 52-week high Wednesday as it is currently trading at $11.05, above its previous 52-week high of $11.02 with 2.7 million shares traded as of 11:06 a.m. ET. Average volume has been 9.4 million shares over the past 30 days. Genworth Financial has a market cap of $5.25 billion and is part of the financial sector and insurance industry. Shares are up 46.5% year to date as of the close of trading on Tuesday. Genworth Financial, Inc., a financial services company, provides insurance, wealth management, investment, and financial solutions in the United States and internationally. The company's U.S. The company has a P/E ratio of 12.8, below the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Genworth Financial as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, compelling growth in net income, notable return on equity and solid stock price performance. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full Genworth Financial Ratings Report. See all 52-week high stocks or get investment ideas from our investment research center. Exclusive Offer: Jim Cramer's 'go-to' small/mid-cap guru Bryan Ashenberg only buys stocks he thinks could return 50-100% See his top picks for 14-days FREE.