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 to clients and investors on Thursday. The firm set a “buy” rating on the stock.

NortonLifeLock Trading Up 1.5 %

Shares of NASDAQ NLOK opened at $27.20 on Thursday. The business has a 50-day moving average of $25.74 and a 200-day moving average of $23.97. The firm has a market capitalization of $15.54 billion, a price-to-earnings ratio of 19.02 and a beta of 0.76. NortonLifeLock has a 12 month low of $20.12 and a 12 month 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.