Analyst Rating Update on VirnetX Holding Corp (VHC)

VirnetX Holding Corp (VHC) : 1 brokerage houses believe that VirnetX Holding Corp (VHC) is a Strong Buy at current levels. Zacks Investment Research suggests a Hold with a rank of 3.The median of all the 1 Wall Street Analysts endorse the stock as a Strong Buy with a rating of 1.

For the current week, the company shares have a recommendation consensus of Buy.


VirnetX Holding Corp (NYSEMKT:VHC): The stock opened at $2.40 on Wednesday but the bulls could not build on the opening and the stock topped out at $2.45 for the day. The stock traded down to $2.27 during the day, due to lack of any buying support eventually closed down at $2.34 with a loss of -3.70% for the day. The stock had closed at $2.43 on the previous day. The total traded volume was 914,608 shares.

VirnetX Holding Corporation is an Internet security software and technology Company with patented technology for secure communications including 4G LTE security. The Companys software and technology solutions, including its secure domain name registry and GABRIEL Connection Technology, are designed to facilitate secure communications and provide the security platform required by Internet-based applications, such as instant messaging (IM), voice over Internet protocol (VoIP), mobile services, streaming video, file transfer, remote desktop and machine-to-machine (M2M) communications. Its portfolio is primarily focused on securing communications over the Internet, as well as related services, such as the establishment and maintenance of a secure domain name registry. Its methods also have additional applications in the areas of device operating systems and network security for Cloud services, M2M communications in the initiatives like Smart City, Connected Car and Connected Home.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.