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

Investment analysts at StockNews.com began coverage on shares of NortonLifeLock (NASDAQ:NLOK) in a research report issued to clients and investors on Wednesday. The brokerage set a “buy” rating on the stock.

NortonLifeLock Stock Performance

NASDAQ:NLOK traded down $0.02 on Wednesday, reaching $30.51. The company’s stock had a trading volume of 2,712,299 shares, compared to its average volume of 5,778,808. NortonLifeLock has a 1-year low of $20.12 and a 1-year high of $30.92. The firm has a market cap of $17.43 billion, a PE ratio of 21.34 and a beta of 0.76. The business’s 50-day moving average price is $27.48 and its two-hundred day moving average price is $25.54.

About NortonLifeLock

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.