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

Investment analysts at StockNews.com initiated coverage on shares of NortonLifeLock (NASDAQ:NLOK) in a report released on Tuesday. The brokerage set a “buy” rating on the stock.

NortonLifeLock Stock Performance

NASDAQ:NLOK opened at $27.05 on Tuesday. The company has a market capitalization of $15.46 billion, a P/E ratio of 18.92 and a beta of 0.76. The stock’s 50 day moving average price is $27.57 and its 200 day moving average price is $27.69. NortonLifeLock has a 52 week low of $20.12 and a 52 week high of $30.92.

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.