NortonLifeLock (NASDAQ:NLOK) Stock Price Up 4.9% – Still a Buy?

NortonLifeLock Inc (NASDAQ:NLOKGet Free Report) shot up 4.9% during mid-day trading on Monday . The company traded as high as $24.52 and last traded at $24.45. 9,743,162 shares traded hands during trading, an increase of 69% from the average daily volume of 5,778,808 shares. The stock had previously closed at $23.31.

NortonLifeLock Price Performance

The business’s fifty day simple moving average is $23.29 and its two-hundred day simple moving average is $23.39. The company has a market cap of $14.22 billion, a PE ratio of 17.41 and a beta of 0.76.

NortonLifeLock Company Profile

(Get Free Report)

NortonLifeLock Inc (NASDAQ: NLOK) is a provider of consumer cybersecurity and identity theft protection solutions. The company offers a portfolio of software and services designed to safeguard personal devices and online identities against a variety of digital threats. NortonLifeLock’s core products include antivirus protection, secure VPN, password management tools and dark web monitoring, all offered through subscription-based plans that aim to deliver ongoing threat detection and remediation.

The origins of NortonLifeLock trace back to the founding of Peter Norton Computing in 1982, which was later acquired by Symantec Corporation.

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