Gen Digital Inc. (NASDAQ:GEN - Get Free Report) saw a significant growth in short interest in the month of April. As of April 30th, there was short interest totalling 18,890,000 shares, a growth of 10.9% from the April 15th total of 17,040,000 shares. Based on an average trading volume of 4,030,000 shares, the short-interest ratio is presently 4.7 days. Approximately 3.3% of the shares of the company are short sold.
Gen Digital Stock Performance
GEN stock traded down $0.38 during mid-day trading on Friday, reaching $25.03. 6,616,699 shares of the stock traded hands, compared to its average volume of 4,451,451. The company has a quick ratio of 0.67, a current ratio of 0.51 and a debt-to-equity ratio of 3.84. Gen Digital has a 52 week low of $15.89 and a 52 week high of $25.47. The business has a 50-day moving average of $21.57 and a two-hundred day moving average of $21.65. The firm has a market capitalization of $15.94 billion, a PE ratio of 26.26, a P/E/G ratio of 1.19 and a beta of 0.87.
Gen Digital Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Wednesday, June 12th. Shareholders of record on Monday, May 20th will be issued a dividend of $0.125 per share. This represents a $0.50 dividend on an annualized basis and a yield of 2.00%. The ex-dividend date of this dividend is Friday, May 17th. Gen Digital's dividend payout ratio (DPR) is 52.63%.
Gen Digital Company Profile
(
Get Free Report)
Gen Digital Inc provides cyber safety solutions for consumers in the United States, Canada, Latin America, Europe, the Middle East, Africa, the Asia Pacific, and Japan. It offers security and performance products comprising that provide real-time protection for PCs, Macs and mobile devices against malware, viruses, adware, and other online threats; and Norton and LifeLock identity theft protection solution that offers monitoring, alerts, and restoration services to its customers.
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