Genworth Mortgage Insurance Australia (ASX:GMA) Shares Pass Above 50 Day Moving Average of $3.09

Genworth Mortgage Insurance Australia (ASX:GMA) shares passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $3.09 and traded as high as $3.36. Genworth Mortgage Insurance Australia shares last traded at $3.32, with a volume of 315,278 shares.

The firm has a market cap of $1.37 billion and a PE ratio of 11.99. The company has a quick ratio of 0.31, a current ratio of 0.34 and a debt-to-equity ratio of 12.61. The stock’s fifty day simple moving average is A$3.09 and its two-hundred day simple moving average is A$2.70.

The firm also recently disclosed a Interim dividend, which was paid on Wednesday, August 28th. Shareholders of record on Wednesday, August 28th were issued a $0.309 dividend. This represents a yield of 9.36%. The ex-dividend date was Tuesday, August 13th. Genworth Mortgage Insurance Australia’s dividend payout ratio (DPR) is presently 64.98%.

About Genworth Mortgage Insurance Australia (ASX:GMA)

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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