Gen Digital Inc. (NASDAQ:GEN) currently has a daily average trading volume of 5.59M but it saw 2719525 shares traded on Wednesday. With a market cap of 15.21B USD, stock’s current market price of $23.03 came falling about -0.35 while comparing to the previous closing price of $23.11. In past 52 weeks, the stock remained buoying in the range of price level as high as $30.92 and as low as $20.12. In the recent trading on the day, stock has struck highest price mark of $23.37 while lowest mark touched by it was $22.44.
Taking a look at 20-day trading activity of Gen Digital Inc. (GEN) gives us an average price of $22.48, while its current price level is -25.51% below from 52-week high level whereas it is 14.46% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $21.66 while that of 200 days or SMA-200 reads an average of $24.26. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.63% during that period while stretching the period over a month that increases to 3.58%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 58.39 which implies that the stock is in neutral territory.
Data by FactSet Research shows that 7 analysts have issued their ratings for the stock. 0 of them are in opinions that stock is a Sell, while 1 are advising it as an Overweight. 1 analysts suggested the investors to Buy the stock while 5 advised them to Hold. Recommendations by all of those brokerages imply a consensus rating of Hold for the stock and that issued by Wall Street to investors is Moderate Buy.
Over the week, GEN’s stock price is moving 1.86% up while it is 3.51% when we observe its performance for the past one month. Year-to-date it is -11.35% down and over the past year, the stock is showing a downside performance of -6.95%.
Currently, Gen Digital Inc.’s total number of outstanding shares is 665.57M. Company’s return on investment (ROI) stands at 21.90% and return on equity (ROE) at 195.70%. It has a price to earnings ratio (P/E ratio) of 23.22 while having a 11.40 of forward P/E ratio. Stock’s beta reads 0.74. Stock has a price to book (P/B) ratio of 8.00 while price to sale or P/S ratio amounts to 5.30. Its return on asset (ROA) is 6.60% on average.
A filing at the U.S. Securities and Exchange Commission revealed that Vanguard Total Stock Market Index came shrinking its share ownership by 0.47% in the Gen Digital Inc. (GEN) increasing its stake to 2.45% with control over 76330.0 shares in the company. As per SEC documents, Vanguard Total Stock Market Index sought 16,303,484 of company’s common stock of worth $367.32 million as per recent closing price of the stock. Vanguard Total Stock Market Index is not the only institutional holder which restructured its stake in Gen Digital Inc., as Vanguard 500 Index Fund picked 13,547,086 shares of worth $305.22 million to bring its holdings to a total of 0.13 million shares. In the most recent quarter, Vanguard Mid Cap Index Fund came rising its stake by 1.24% in the company and now holds 12.69 million or 1.91% of the company’s stake having worth of about 285.83 million.