Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. Gen Digital Inc’s current trading price is -10.88% away from its 52-week high, while its distance from the 52-week low is 24.32%. The stock’s price range during this period has varied between $22.74 and $31.72. The company, active in the Technology sector, saw a trading volume of around 6.48 million for the day, considerably higher average daily volume of 4.43 million observed over the last three months.
Gen Digital Inc (GEN) has a current stock price of $28.27. During the previous trading session, the stock witnessed a notable rise, reaching a high of $46.0 after opening at $28.27. The stock’s low for the day was $25.0, and it eventually closed at $28.69.
The stock market performance of Gen Digital Inc has been very steady.
How Financial Performance Impacts Market Capitalization
Gen Digital Inc (GEN) has experienced a quarterly rise of 1.54% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 17.41B and boasts a workforce of 3500 employees.
Decoding Analysts’ Ratings for Gen Digital Inc
As of right now, 6 analysts are rating Gen Digital Inc as a BUY, 0 of the polled analysts branded the stock as an OVERWEIGHT, 4 analysts are recommending to HOLD this stock, 1 of them gave the stock UNDERWEIGHT rating, and 0 analyst is rating the stock as SELL.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 28.01, with a change in price of +1.24. Similarly, Gen Digital Inc recorded 4,420,374 in trading volume during the last 100 days, posting a change of +4.59%.
How GEN’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for GEN stands at 3.66. Similarly, the long-term debt-to-equity ratio is also 3.53.
GEN Stock Stochastic Average
As of today, the raw stochastic average of Gen Digital Inc over the past 50 days is 17.48%. This is a increase compared to the raw stochastic average of the last 20 days, which was recorded at 17.48%. Additionally, the Stochastic %K and %D values for the company were 9.47% and 8.73%, respectively, over the past 20 days.
GEN Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors unsure of what to expect, resulting in a range of outlooks from optimistic to pessimistic. The index has shown a price gain of 14.78% this year. Over the last six months, there has been a weaker performance of 2.76%. The price of GEN leaped by -6.27% during the last 30 days period. For the last 5-days stocks have slided -4.14%.
