Gen Digital Inc. (NASDAQ:GEN - Get Free Report)'s stock price dropped 1% during mid-day trading on Friday . The company traded as low as $26.92 and last traded at $27.05. Approximately 3,472,971 shares were traded during trading, an increase of 9% from the average daily volume of 3,171,667 shares. The stock had previously closed at $27.32.
Analysts Set New Price Targets
Separately, UBS Group upgraded shares of Gen Digital to a "strong-buy" rating in a research report on Wednesday, December 4th.
Read Our Latest Research Report on GEN
Gen Digital Price Performance
The business's 50-day simple moving average is $27.48 and its 200 day simple moving average is $27.72. The company has a current ratio of 0.35, a quick ratio of 0.35 and a debt-to-equity ratio of 3.29. The company has a market capitalization of $16.98 billion, a P/E ratio of 27.01, a P/E/G ratio of 1.19 and a beta of 0.83.
Gen Digital (NASDAQ:GEN - Get Free Report) last announced its earnings results on Thursday, January 30th. The company reported $0.52 earnings per share for the quarter, missing the consensus estimate of $0.55 by ($0.03). Gen Digital had a net margin of 16.32% and a return on equity of 58.83%. As a group, sell-side analysts anticipate that Gen Digital Inc. will post 2.05 EPS for the current year.
About Gen Digital
(
Get Free Report)
Gen Digital Inc engages in the provision of cyber safety solutions for consumers in the United States, Canada, Latin America, Europe, the Middle East, Africa, the Asia Pacific, and Japan. The company offers security and performance products under Norton, Avast, Avira, AVG, and CCleaner brands that provide real-time protection and maintenance for PCs, Macs, and mobile devices against malware, viruses, adware, and other online threats.
Further Reading
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