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StockNews.com Initiates Coverage on NortonLifeLock (NASDAQ:NLOK)

NortonLifeLock logo with background

StockNews.com began coverage on shares of NortonLifeLock (NASDAQ:NLOK - Free Report) in a research note released on Wednesday morning. The firm issued a buy rating on the stock.

NortonLifeLock Stock Up 1.3 %

NASDAQ:NLOK traded up $0.33 during mid-day trading on Wednesday, hitting $25.93. 2,719,486 shares of the stock traded hands, compared to its average volume of 5,778,808. The business's 50-day moving average price is $26.08 and its 200 day moving average price is $27.57. The company has a market cap of $14.82 billion, a PE ratio of 18.13 and a beta of 0.76. NortonLifeLock has a 12-month low of $20.12 and a 12-month high of $30.92.

About NortonLifeLock

(Get Free Report)

Gen Digital, Inc engages in the provision of security, storage, and systems management solutions. The firm focuses on providing consumer cyber safety with its business solutions. The company was founded by Gary Hendrix in April 1982 and is headquartered in Tempe, AZ.

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