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

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

NortonLifeLock Stock Up 1.1 %

NLOK stock opened at $27.64 on Wednesday. The company has a market capitalization of $15.79 billion, a P/E ratio of 19.33 and a beta of 0.76. The company has a 50-day simple moving average of $27.46 and a 200 day simple moving average of $27.80. 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.