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

Stock analysts at StockNews.com assumed coverage on shares of NortonLifeLock (NASDAQ:NLOK) in a research report issued on Wednesday. The firm set a “buy” rating on the stock.

NortonLifeLock Price Performance

Shares of NortonLifeLock stock opened at $27.11 on Wednesday. The business has a fifty day simple moving average of $29.23 and a two-hundred day simple moving average of $27.11. NortonLifeLock has a 1 year low of $20.12 and a 1 year high of $30.92. The company has a market capitalization of $15.49 billion, a price-to-earnings ratio of 18.96 and a beta of 0.76.

NortonLifeLock Company Profile

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.