Shares of Gen Digital Inc. (NASDAQ:GEN - Get Free Report) shot up 0% on Thursday . The company traded as high as $27.92 and last traded at $27.86. 1,425,060 shares traded hands during trading, a decline of 65% from the average session volume of 4,077,153 shares. The stock had previously closed at $27.85.
Analyst Ratings Changes
Several analysts recently weighed in on GEN shares. UBS Group raised Gen Digital to a "strong-buy" rating in a report on Wednesday, December 4th. Wells Fargo & Company upgraded Gen Digital to a "strong-buy" rating in a report on Thursday, October 24th.
View Our Latest Research Report on GEN
Gen Digital Trading Down 0.8 %
The firm has a market capitalization of $17.04 billion, a P/E ratio of 28.21, a PEG ratio of 1.40 and a beta of 0.80. The business's 50 day moving average is $29.16 and its two-hundred day moving average is $26.92. The company has a quick ratio of 0.32, a current ratio of 0.32 and a debt-to-equity ratio of 3.40.
Gen Digital Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Wednesday, December 11th. Shareholders of record on Monday, November 18th were paid a dividend of $0.125 per share. This represents a $0.50 dividend on an annualized basis and a yield of 1.81%. The ex-dividend date was Monday, November 18th. Gen Digital's payout ratio is currently 51.02%.
About Gen Digital
(
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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.
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