Symantec Corporation (SYMC) Dips 2.82% for January 14

Symantec Corporation (SYMC) Dips 2.82% for January 14

Among the S&P 500’s biggest fallers on Monday January 14 was Symantec Corporation (SYMC). The stock experienced a 2.82% decline to $19.32 with 6.99 million shares changing hands.

Symantec Corporation started at an opening price of 19.75 and hit a high of $19.96 and a low of $19.23. Ultimately, the stock took a hit and finished the day at $0.56 per share. Symantec Corporation trades an average of n/a shares a day out of a total 638.89 million shares outstanding. The current moving averages are a 50-day SMA of $n/a and a 200-day SMA of $n/a. Symantec Corporation hit a high of $29.20 and a low of $17.43 over the last year.

Symantec provides cybersecurity solutions through its two segments: consumer digital safety and enterprise security. The consumer segment sells Norton-branded security services and LifeLock identity protection. The enterprise security segment sells endpoint, network, web, and cloud security solutions. The enterprise business contributes the bulk of the company’s revenue, but the consumer digital safety business is responsible for the majority of profits. The company was founded in 1982 and went public in 1989. It is headquartered in Mountain View, California. In 2016, Symantec acquired LifeLock and Blue Coat.

With its headquarters located in Mountain View, CA, Symantec Corporation employs 11,800 people. After today’s trading, the company’s market cap has fallen to $12.34 billionAs for its value, has a P/E ratio of <11, a P/S of 3.59, a P/B of 2.08, and a P/FCF of n/a.

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