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

StockNews.com started coverage on shares of NortonLifeLock (NASDAQ:NLOK) in a report issued on Monday. The brokerage set a “buy” rating on the stock.

NortonLifeLock Stock Down 0.4 %

Shares of NASDAQ NLOK opened at $24.55 on Monday. The firm has a market cap of $14.03 billion, a P/E ratio of 17.17 and a beta of 0.76. NortonLifeLock has a twelve month low of $20.12 and a twelve month high of $30.92. The company has a 50 day moving average of $23.89 and a 200 day moving average of $22.68.

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.