Genworth Financial Reaches New 52-Week High (GNW)

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 Thursday as it is currently trading at $11.25, above its previous 52-week high of $11.21 with 250,511 shares traded as of 9:36 a.m. ET. Average volume has been 8.8 million shares over the past 30 days.

Genworth Financial has a market cap of $5.36 billion and is part of the financial sector and insurance industry. Shares are up 48.6% year to date as of the close of trading on Wednesday.

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 13.1, 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.

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