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NortonLifeLock (NASDAQ:NLOK) Trading Down 2% - Time to Sell?

NortonLifeLock logo with background

Key Points

  • NortonLifeLock's stock price has decreased by 2%, trading around $28.50 after reaching a low of $28.42 during the day.
  • Approximately 3.25 million shares were traded, marking a 44% decline from the average daily volume.
  • The company has a market capitalization of $16.28 billion and a price-to-earnings ratio of 19.93.
  • Five stocks to consider instead of NortonLifeLock.

NortonLifeLock Inc (NASDAQ:NLOK - Get Free Report)'s stock price was down 2% during mid-day trading on Friday . The company traded as low as $28.42 and last traded at $28.50. Approximately 3,245,006 shares changed hands during mid-day trading, a decline of 44% from the average daily volume of 5,778,808 shares. The stock had previously closed at $29.09.

NortonLifeLock Price Performance

The business has a 50-day moving average of $29.99 and a 200-day moving average of $28.42. The firm has a market cap of $16.28 billion, a price-to-earnings ratio of 19.93 and a beta of 0.76.

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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