The stock of Gen Digital Inc. (GEN) has gone up by 9.70% for the week, with a -3.31% drop in the past month and a -17.59% drop in the past quarter. The volatility ratio for the week is 2.81%, and the volatility levels for the past 30 days are 2.96% for GEN. The simple moving average for the past 20 days is 0.69% for GEN’s stock, with a -18.01% simple moving average for the past 200 days.
Is It Worth Investing in Gen Digital Inc. (NASDAQ: GEN) Right Now?
The price-to-earnings ratio for Gen Digital Inc. (NASDAQ: GEN) is 8.00x, which is above its average ratio. Moreover, the 36-month beta value for GEN is 0.81. Analysts have varying opinions on the stock, with 1 analysts rating it as a “buy,” 2 as “overweight,” 2 as “hold,” and 0 as “sell.”
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The average price recommended by analysts for Gen Digital Inc. (GEN) is $23.25, which is $6.86 above the current market price. The public float for GEN is 610.17M and currently, short sellers hold a 2.29% of that float. On May 24, 2023, GEN’s average trading volume was 4.81M shares.
GEN) stock’s latest price update
The stock of Gen Digital Inc. (NASDAQ: GEN) has decreased by -0.59 when compared to last closing price of 17.06. Despite this, the company has experienced a 9.70% gain in its stock price over the last five trading sessions.
GEN Trading at 0.02% from the 50-Day Moving Average
After a stumble in the market that brought GEN to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -36.79% of loss for the given period.
Volatility was left at 2.96%, however, over the last 30 days, the volatility rate increased by 2.81%, as shares sank -2.30% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +3.29% upper at present.
During the last 5 trading sessions, GEN rose by +9.70%, which changed the moving average for the period of 200-days by -29.95% in comparison to the 20-day moving average, which settled at $16.82. In addition, Gen Digital Inc. saw -20.86% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at GEN starting from Vlcek Ondrej, who purchase 300,000 shares at the price of $15.79 back on May 17. After this action, Vlcek Ondrej now owns 4,160,061 shares of Gen Digital Inc., valued at $4,737,000 using the latest closing price.
DERSE NATALIE MARIE, the CFO of Gen Digital Inc., sale 1,033 shares at $21.10 during a trade that took place back on Feb 16, which means that DERSE NATALIE MARIE is holding 235,863 shares at $21,796 based on the most recent closing price.
Stock Fundamentals for GEN
Current profitability levels for the company are sitting at:
- +38.83 for the present operating margin
- +77.20 for the gross margin
The net margin for Gen Digital Inc. stands at +40.41. Equity return is now at value 90.40, with 5.30 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 0.43.
Conclusion
To wrap up, the performance of Gen Digital Inc. (GEN) has been bad in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
