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

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

NortonLifeLock Stock Performance

Shares of NLOK stock opened at $27.49 on Friday. The company has a market capitalization of $15.71 billion, a P/E ratio of 19.22 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. The stock has a 50 day moving average price of $25.98 and a two-hundred day moving average price of $24.22.

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.