NortonLifeLock (NASDAQ:NLOK) Hits New 1-Year High – What’s Next?

NortonLifeLock Inc (NASDAQ:NLOK) shares hit a new 52-week high on Wednesday . The stock traded as high as $31.13 and last traded at $30.84, with a volume of 2434102 shares changing hands. The stock had previously closed at $30.90.

Analyst Upgrades and Downgrades

Separately, StockNews.com began coverage on shares of NortonLifeLock in a report on Thursday, November 21st. They issued a “buy” rating for the company.

NortonLifeLock Stock Down 0.2 %

The stock has a fifty day simple moving average of $28.06 and a 200 day simple moving average of $26.13. The firm has a market capitalization of $17.62 billion, a P/E ratio of 21.61 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.