NortonLifeLock Inc (NASDAQ:NLOK – Get Free Report) rose 0.4% on Tuesday . The company traded as high as $29.8650 and last traded at $29.29. 5,722,329 shares were traded during mid-day trading, a decline of 1% from the average session volume of 5,778,808 shares. The stock had previously closed at $29.17.
NortonLifeLock Price Performance
The company’s 50-day simple moving average is $25.99 and its 200-day simple moving average is $23.36. The company has a market cap of $16.74 billion, a price-to-earnings ratio of 20.48 and a beta of 0.76.
Institutional Inflows and Outflows
A hedge fund recently bought a new stake in NortonLifeLock stock. Citizens Financial Group Inc. RI purchased a new stake in shares of NortonLifeLock Inc (NASDAQ:NLOK – Free Report) in the second quarter, according to its most recent disclosure with the SEC. The firm purchased 13,764 shares of the company’s stock, valued at approximately $343,000. Institutional investors own 94.86% of the company’s stock.
NortonLifeLock Company Profile
NortonLifeLock Inc (NASDAQ: NLOK) is a provider of consumer cybersecurity and identity theft protection solutions. The company offers a portfolio of software and services designed to safeguard personal devices and online identities against a variety of digital threats. NortonLifeLock’s core products include antivirus protection, secure VPN, password management tools and dark web monitoring, all offered through subscription-based plans that aim to deliver ongoing threat detection and remediation.
The origins of NortonLifeLock trace back to the founding of Peter Norton Computing in 1982, which was later acquired by Symantec Corporation.
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