VirnetX Holding Corp (VHC) Receives Analyst Rating

VirnetX Holding Corp (VHC) : Zacks Investment Research ranks VirnetX Holding Corp (VHC) as 3, which is a Hold recommendation. 1 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. The average broker rating of 1 research analysts is 1, which indicates as a Strong Buy.


VirnetX Holding Corp (NYSEMKT:VHC): After opening at $2.66, the stock dipped to an intraday low of $2.53 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $2.75 and the buying power remained strong till the end. The stock closed at $2.63 for the day, a gain of 0.38% for the day session. The total traded volume was 583,459. The stocks close on the previous trading day was $2.62.

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.

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