NortonLifeLock (NASDAQ:NLOK) Shares Down 1.2% – Here’s What Happened

NortonLifeLock Inc (NASDAQ:NLOK – Get Free Report)’s share price traded down 1.2% during trading on Monday. The company traded as low as $21.90 and last traded at $21.99. Approximately 12,165,328 shares traded hands during trading, an increase of 111% from the average session volume of 5,778,808 shares. The stock had previously closed at $22.25.

NortonLifeLock Stock Up 2.3%

The firm has a 50-day moving average price of $28.00 and a two-hundred day moving average price of $24.74. The firm has a market cap of $13.03 billion, a PE ratio of 15.94 and a beta of 0.76.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in NortonLifeLock stock. Citizens Financial Group Inc. RI bought a new position in shares of NortonLifeLock Inc (NASDAQ:NLOK – Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund bought 13,764 shares of the company’s stock, valued at approximately $343,000. 94.86% of the stock is owned by institutional investors and hedge funds.

NortonLifeLock Company Profile

(Get Free Report)

NortonLifeLock Inc was a cybersecurity company that provided consumer-focused digital safety, privacy and identity-protection products. Its offerings included Norton antivirus and internet-security software, LifeLock identity-theft protection and identity-monitoring services, and related tools designed to help individuals protect devices, personal information and online accounts.

The company served customers in multiple international markets through subscription-based software and services.

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