Gen Digital (NASDAQ:GEN) Trading Up 0% – Should You Buy?

Gen Digital Inc. (NASDAQ:GEN)’s share price was up 0% on Thursday . The stock traded as high as $27.92 and last traded at $27.86. Approximately 1,425,060 shares were traded during mid-day trading, a decline of 65% from the average daily volume of 4,077,153 shares. The stock had previously closed at $27.85.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on GEN shares. Wells Fargo & Company upgraded shares of Gen Digital to a “strong-buy” rating in a research report on Thursday, October 24th. UBS Group raised Gen Digital to a “strong-buy” rating in a research note on Wednesday, December 4th.

Gen Digital Stock Performance

The firm has a market cap of $17.17 billion, a price-to-earnings ratio of 28.43, a price-to-earnings-growth ratio of 1.40 and a beta of 0.80. The company has a current ratio of 0.32, a quick ratio of 0.32 and a debt-to-equity ratio of 3.40. The stock has a fifty day moving average price of $29.15 and a 200 day moving average price of $26.90.

Gen Digital Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, December 11th. Investors of record on Monday, November 18th were issued a dividend of $0.125 per share. This represents a $0.50 annualized dividend and a dividend yield of 1.79%. The ex-dividend date of this dividend was Monday, November 18th. Gen Digital’s dividend payout ratio is currently 51.02%.

About Gen Digital

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.