NortonLifeLock (NASDAQ:NLOK) Hits New 1-Year High – Here’s Why

NortonLifeLock Inc (NASDAQ:NLOK) shares reached a new 52-week high on Wednesday . The stock traded as high as $31.13 and last traded at $30.84, with a volume of 2434102 shares trading hands. The stock had previously closed at $30.90.

Wall Street Analyst Weigh In

Separately, StockNews.com assumed coverage on NortonLifeLock in a research note on Friday. They issued a “buy” rating on the stock.

NortonLifeLock Stock Performance

The company has a market cap of $17.62 billion, a P/E ratio of 21.57 and a beta of 0.76. The business’s fifty day moving average is $28.15 and its two-hundred day moving average is $26.17.

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.