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

StockNews.com began coverage on shares of NortonLifeLock (NASDAQ:NLOK) in a report issued on Monday. The firm issued a buy rating on the stock.

NortonLifeLock Stock Performance

NLOK opened at $23.46 on Monday. NortonLifeLock has a 1 year low of $20.12 and a 1 year high of $30.92. The company’s 50 day simple moving average is $21.37 and its 200 day simple moving average is $21.52. The stock has a market capitalization of $13.40 billion, a PE ratio of 16.41 and a beta of 0.76.

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.