Shares of GNW traded higher by 2.93% or $0.33/share to $11.58. Genworth Financial Inc is trading at a price to book ratio of 0.39. This indicates that the value of the company's underlying assets exceeds today's market price. The PEG is 0.72 suggesting that the shares are trading at an excellent value relative to firm's growth rate. The price to sales ratio came in at 0.54. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 5489930 shares of GNW exchange hands on a given day and today's volume is recorded at 2204799. These factors combined make this company a prime takeover candidate. Lookout for any takeover chatter or takeover news regarding this stock as one of the bigger players may have an eye on this one.
Genworth Financial, Inc. is a financial security company engaged in providing insurance, wealth management, investment and financial solutions to more than 15 million customers, with a presence in more than 25 countries.
