Technical Review of Essent Group Ltd. (NYSE:ESNT)


Technical Indicators and Signals

The stochastic oscillator indicator is the important indicator to compare the security price over a certain period of time. The stochastic %K of Essent Group Ltd. (NYSE:ESNT) for the period of 9-Day stands at 92.33% while the stochastic %D for the same period stands at 77.75%.

The 7-Day Average Directional Index ADX (also known as Trend Strength Indicator) of Essent Group Ltd. (NYSE:ESNT) signals “Buy” while other important signals like the 20-Day Moving Average Vs. Price signals “Buy”.

Another important signal of trend and momentum of a security is 20-50 Day MACD Oscillator or Moving Average Convergence Divergence signals “Buy” for Essent Group Ltd. (NYSE:ESNT) while 20-100 Day MACD Oscillator indicates “Buy”.

Bollinger band is a volatility indicator of a certain security, currently Essent Group Ltd. (NYSE:ESNT)’s 20-Day Bollinger Band indicates “Buy”.

About Company

Essent Group Ltd., through its subsidiaries, operates as a private mortgage insurance company. It serves originators of residential mortgage loans, such as regulated depository institutions, mortgage banks, credit unions, and other lenders. Essent Group Ltd. is based in Hamilton, Bermuda.

Previous Day Activity Analysis

On the last trading day, Essent Group Ltd. (NYSE:ESNT) opened the session at $41.72 and after going up 2.19% closed at $42.51. The stock gained 0.79 points in the last trade.

Essent Group Ltd. (NYSE:ESNT)’s stock fluctuated in the range of $41.65 and $42.64 during the previous active session. Essent Group Ltd. (NYSE:ESNT) traded with the volume of 1.55 Million with average volume of 699.72 Million. The stock has MEDIUM volatility on the last trading session.

Currently the Beta for the company remains at 1.14 while ATR (Average True Range) and RSI (Relative Strength Index) are at 0.82 and 69.63 respectively.

Currently the Insider Ownership of the shares of Essent Group Ltd. (NYSE:ESNT) is at 0.7% and the shares outstanding are 95.87 Million.

Important Ratio Analysis

Some important ratios to consider here for Essent Group Ltd. (NYSE:ESNT) are discussed below:

Dividend yield of Essent Group Ltd. (NYSE:ESNT) stands at 0% whereas Price to Earnings P/E ratio stands at 15.11 while Forward P/E shows the value of 11.88.

The PEG ratio (Price to Earning to Growth) emits the value of 0.87. The Price to Sale P/S and Price to Book P/B shows the value of 7.95 and 2.59 respectively. While Price to Cash P/C and Price to Free Cash Flow P/FCF stands at 147.13 and 13.96 correspondingly.

The Quick Ratio of Essent Group Ltd. (NYSE:ESNT) stands at 0 while the Current Ratio depicts the value of 0.

Return on Assets ROA of Essent Group Ltd. (NYSE:ESNT) is at 13.3% whereas, Return on Equity ROE and Return of Investment ROI of Essent Group Ltd. (NYSE:ESNT) stand at 18.8% and 15.4% respectively.

Stock Performance Analysis

The stock performance of Essent Group Ltd. (NYSE:ESNT) on the basis of 5 day trade show the jump of 7.73% whereas, the monthly performance of the stock shows increase of 8.78%.

The quarterly performance of the stock remained in green zone with the value of 8.8% while six month performance of the shares of Essent Group Ltd. (NYSE:ESNT) remained bullish with the count of 12.05%.

The yearly and YTD performance of Essent Group Ltd. (NYSE:ESNT) remained up at 52.8% and 31.33% respectively.