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

StockNews.com initiated coverage on shares of NortonLifeLock (NASDAQ:NLOK) in a research report report published on Wednesday. The firm issued a buy rating on the stock.

NortonLifeLock Price Performance

NLOK stock opened at $26.98 on Wednesday. The business has a fifty day moving average price of $29.23 and a 200 day moving average price of $27.11. NortonLifeLock has a fifty-two week low of $20.12 and a fifty-two week high of $30.92. The stock has a market capitalization of $15.42 billion, a price-to-earnings ratio of 18.87 and a beta of 0.76.

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.