NortonLifeLock (NASDAQ:NLOK) Stock Price Up 0.4% - Time to Buy?

NortonLifeLock Inc (NASDAQ:NLOK - Get Free Report)'s share price rose 0.4% on Tuesday . The stock traded as high as $30.36 and last traded at $30.27. Approximately 3,742,508 shares traded hands during trading, a decline of 35% from the average daily volume of 5,778,808 shares. The stock had previously closed at $30.14.

Wall Street Analyst Weigh In

Separately, Wall Street Zen assumed coverage on NortonLifeLock in a research note on Friday, May 16th. They issued a "buy" rating on the stock.

NortonLifeLock Price Performance

The business has a fifty day simple moving average of $29.17 and a 200 day simple moving average of $27.54. The firm has a market cap of $17.30 billion, a price-to-earnings ratio of 21.17 and a beta of 0.76.

NortonLifeLock Company Profile

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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