Genworth Financial Stock Hits New 52-Week High (GNW)

NEW YORK ( TheStreet) -- Genworth Financial (NYSE: GNW) hit a new 52-week high Friday as it is currently trading at $12.69, above its previous 52-week high of $12.66 with 3.1 million shares traded as of 12:56 p.m. ET. Average volume has been 8.9 million shares over the past 30 days.

Genworth Financial has a market cap of $6.1 billion and is part of the financial sector and insurance industry. Shares are up 64.8% year to date as of the close of trading on Thursday.

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.

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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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