Genworth Mortgage Insurance Australia (ASX:GMA) Hits New 1-Year High at $2.98
Shares of Genworth Mortgage Insurance Australia (ASX:GMA) hit a new 52-week high on Thursday . The company traded as high as A$2.98 ($2.11) and last traded at A$2.98 ($2.11), with a volume of 132554 shares. The stock had previously closed at A$2.96 ($2.10).
The company has a current ratio of 0.06, a quick ratio of 0.05 and a debt-to-equity ratio of 11.57. The business’s 50 day moving average is A$2.77. The stock has a market capitalization of $1.27 billion and a PE ratio of 11.31.
In related news, insider Georgette Nicholas 505,208 shares of the business’s stock in a transaction that occurred on Thursday, May 16th.
Genworth Mortgage Insurance Australia Limited, through its subsidiaries, engages in the loan mortgage insurance business in Australia. The company facilitates residential mortgage lending by transferring risk from lenders to lenders mortgage insurance (LMI) providers, primarily for high loan-to-value ratio residential mortgage loans.
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