Gen Digital (NASDAQ:GEN) Trading 0% Higher – What’s Next?

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

Analyst Ratings Changes

GEN has been the topic of several recent research reports. UBS Group raised Gen Digital to a “strong-buy” rating in a research report on Wednesday, December 4th. Wells Fargo & Company upgraded shares of Gen Digital to a “strong-buy” rating in a research note on Thursday, October 24th.

Gen Digital Stock Up 0.0 %

The firm’s 50 day simple moving average is $29.15 and its 200 day simple moving average is $26.90. The company has a quick ratio of 0.32, a current ratio of 0.32 and a debt-to-equity ratio of 3.40. The company 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.

Gen Digital Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, December 11th. Shareholders of record on Monday, November 18th were given a $0.125 dividend. The ex-dividend date of this dividend was Monday, November 18th. This represents a $0.50 dividend on an annualized basis and a yield of 1.79%. Gen Digital’s dividend payout ratio (DPR) is 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.