VirnetX Holding Corp (NYSEMKT:VHC) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 1 by 1 Brokerage Firm. 1 Wall Street Firms have rated the stock as a strong buys.
VirnetX Holding Corp (NYSEMKT:VHC) witnessed a decline in the market cap on Tuesday as its shares dropped 1.19% or 0.05 points. After the session commenced at $4.2, the stock reached the higher end at $4.44 while it hit a low of $4.05. With the volume soaring to 1,391,078 shares, the last trade was called at $4.15. The company has a 52-week high of $9.6399. The company has a market cap of $231 million and there are 55,663,568 shares in outstanding. The 52-week low of the share price is $1.95.
VirnetX Holding Corp has lost 33.06% in the last five trading days and dropped 7.16% in the last 4 weeks. VirnetX Holding Corp has dropped 13% during the last 3-month period . Year-to-Date the stock performance stands at 61.48%.
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.