NortonLifeLock Inc (NASDAQ:NLOK – Get Free Report)’s share price passed below its 200-day moving average during trading on Wednesday. The stock has a 200-day moving average of $24.40 and traded as low as $23.96. NortonLifeLock shares last traded at $24.25, with a volume of 5,381,506 shares trading hands.
NortonLifeLock Trading Down 0.7%
The firm has a market cap of $13.86 billion, a PE ratio of 16.96 and a beta of 0.76. The business’s 50-day simple moving average is $26.54 and its 200 day simple moving average is $24.40.
Hedge Funds Weigh In On NortonLifeLock
An institutional investor recently bought a new position in NortonLifeLock stock. Citizens Financial Group Inc. RI acquired a new stake in shares of NortonLifeLock Inc (NASDAQ:NLOK – Free Report) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 13,764 shares of the company’s stock, valued at approximately $343,000. Institutional investors and hedge funds own 94.86% of the company’s stock.
NortonLifeLock Company Profile
NortonLifeLock Inc was a cybersecurity company focused on helping consumers protect their devices, online identities and personal information. Its product portfolio included Norton antivirus and internet security software, LifeLock identity-theft protection and monitoring services, password-management tools, virtual private network services and related privacy and device-security solutions.
The company was created in 2019 when Broadcom acquired Symantec’s enterprise security business and renamed the remaining consumer-focused company NortonLifeLock.
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