NortonLifeLock (NASDAQ:NLOK) Trading 2.8% Higher – What’s Next?

NortonLifeLock Inc (NASDAQ:NLOK)’s stock price shot up 2.8% during trading on Wednesday . The stock traded as high as $19.10 and last traded at $18.83. 7,279,455 shares traded hands during mid-day trading, an increase of 26% from the average session volume of 5,778,808 shares. The stock had previously closed at $18.32.

NortonLifeLock Trading Up 2.8%

The company’s 50-day simple moving average is $22.41 and its 200 day simple moving average is $25.45. The stock has a market cap of $10.76 billion, a P/E ratio of 13.17 and a beta of 0.76.

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.