NortonLifeLock (NASDAQ:NLOK) Shares Up 0.4% - Here's Why

Key Points

• NortonLifeLock shares rose 0.4% to $19.99 on Thursday (intraday high $20.15) with about 4.65 million shares traded, roughly 19% below its average daily volume.
• The company has a market cap of $11.42 billion, a trailing P/E of 13.98 and a beta of 0.76, and the stock currently trades below its 50‑day ($20.77) and 200‑day ($24.42) simple moving averages.
• NortonLifeLock provides subscription-based consumer cybersecurity and identity-theft protection products, including antivirus, secure VPN, password management and dark web monitoring.

NortonLifeLock Inc (NASDAQ:NLOK - Get Free Report) shares rose 0.4% during trading on Thursday . The stock traded as high as $20.15 and last traded at $19.99. Approximately 4,654,998 shares changed hands during trading, a decline of 19% from the average daily volume of 5,778,808 shares. The stock had previously closed at $19.91.

NortonLifeLock Price Performance

The company has a market cap of $11.42 billion, a PE ratio of 13.98 and a beta of 0.76. The stock has a 50 day simple moving average of $20.77 and a two-hundred day simple moving average of $24.42.

About NortonLifeLock

NortonLifeLock Inc NASDAQ: NLOK is a provider of consumer cybersecurity and identity theft protection solutions. The company offers a portfolio of software and services designed to safeguard personal devices and online identities against a variety of digital threats. NortonLifeLock’s core products include antivirus protection, secure VPN, password management tools and dark web monitoring, all offered through subscription-based plans that aim to deliver ongoing threat detection and remediation.

The origins of NortonLifeLock trace back to the founding of Peter Norton Computing in 1982, which was later acquired by Symantec Corporation.

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