LifeLock (LOCK) has risen sharply, recording gains of 4.91% in the past 4 weeks. However, the stock has corrected -0.3% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 2.36% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.
LifeLock (NYSE:LOCK): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $15.73 and $15.73 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $17.16. The buying momentum continued till the end and the stock did not give up its gains. It closed at $16.68, notching a gain of 6.04% for the day. The total traded volume was 3,898,508 . The stock had closed at $15.73 on the previous day.
The stock has recorded a 20-day Moving Average of 2.65% and the 50-Day Moving Average is 8.86%. LifeLock, Inc. is up 46.44% in the last 3-month period. Year-to-Date the stock performance stands at 16.24%.
LifeLock (LOCK) has been rated by 5 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $20 and the lowest price target forecast is $15. The average forecast of all the analysts is $18 and the expected standard deviation is $1.87.
LifeLock, Inc. is a provider of proactive identity theft protection services for consumers and identity risk assessment and fraud protection services for enterprises. It operates in two segments: consumer segment, which offers offer identity theft protection services to consumers on a monthly or annual subscription basis, and an enterprise segment, which offers consumer risk management services to enterprise customers who pay it based on the monthly volume of transactions with the Company. As of December 31, 2014, the Company served approximately 3.6 million paying members. As of December 31, 2014, the Company served over 300 enterprise customers. The Company offers the LifeLock Wallet mobile application, which allows consumers to replicate and store a digital copy of the personal wallet contents on smart device for records backup, as well as mobile use of items, such as credit, identification, ATM (automated teller machine), insurance, and loyalty cards.