LifeLock (LOCK) : Traders are bullish on LifeLock (LOCK) as it has outperformed the S&P 500 by a wide margin of 4.36% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 2.22%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 2.28% in the last 1 week, and is up 5.44% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The stock has recorded a 20-day Moving Average of 3.8% and the 50-Day Moving Average is 8.66%. LifeLock (NYSE:LOCK): stock turned positive on Friday. Though the stock opened at $16.98, the bulls momentum made the stock top out at $17.21 level for the day. The stock recorded a low of $16.86 and closed the trading day at $17.06, in the green by 0.18%. The total traded volume for the day was 1,220,881. The stock had closed at $17.03 in the previous days trading.
The company Insiders own 13.9% of LifeLock shares according to the proxy statements. Institutional Investors own 89.69% of LifeLock shares.
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.