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

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

NortonLifeLock Stock Performance

Shares of NLOK opened at $29.58 on Wednesday. The business’s 50-day moving average is $27.56 and its two-hundred day moving average is $25.64. The company has a market capitalization of $16.90 billion, a P/E ratio of 20.69 and a beta of 0.76. NortonLifeLock has a fifty-two week low of $20.12 and a fifty-two week high of $30.92.

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.