VirnetX Holding Corp (NYSE:VHC - Get Free Report)'s stock price passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $11.79 and traded as high as $18.12. VirnetX shares last traded at $17.14, with a volume of 30,336 shares trading hands.
Wall Street Analyst Weigh In
Separately, Wall Street Zen upgraded VirnetX from a "sell" rating to a "hold" rating in a report on Saturday, August 16th.
Read Our Latest Research Report on VHC
VirnetX Price Performance
The stock has a 50-day moving average price of $16.15 and a 200 day moving average price of $11.79. The firm has a market cap of $73.20 million, a price-to-earnings ratio of -3.57 and a beta of 1.74.
VirnetX (NYSE:VHC - Get Free Report) last posted its earnings results on Tuesday, August 12th. The technology company reported ($0.99) EPS for the quarter. The firm had revenue of $0.05 million during the quarter.
Institutional Investors Weigh In On VirnetX
A hedge fund recently raised its stake in VirnetX stock. Geode Capital Management LLC boosted its stake in VirnetX Holding Corp (NYSE:VHC - Free Report) by 4.2% during the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 32,357 shares of the technology company's stock after buying an additional 1,318 shares during the quarter. Geode Capital Management LLC owned approximately 0.76% of VirnetX worth $351,000 as of its most recent filing with the SEC. 10.37% of the stock is owned by institutional investors.
About VirnetX
(
Get Free Report)
VirnetX Holding Corporation, through its subsidiary VirnetX, Inc, operates as an Internet security software and technology company primarily in the United States. The company develops software and technology solutions, including secure domain name registry and GABRIEL Connection Technology that are designed to secure communications over the Internet using zero trust network access.
Featured Articles
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider VirnetX, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and VirnetX wasn't on the list.
While VirnetX currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
We are about to experience the greatest A.I. boom in stock market history...
Thanks to a pivotal economic catalyst, specific tech stocks will skyrocket just like they did during the "dot com" boom in the 1990s.
That’s why, we’ve hand-selected 7 tiny tech disruptor stocks positioned to surge.
- The first pick is a tiny under-the-radar A.I. stock that's trading for just $3.00. This company already has 98 registered patents for cutting-edge voice and sound recognition technology... And has lined up major partnerships with some of the biggest names in the auto, tech, and music industry... plus many more.
- The second pick presents an affordable avenue to bolster EVs and AI development…. Analysts are calling this stock a “buy” right now and predict a high price target of $19.20, substantially more than its current $6 trading price.
- Our final and favorite pick is generating a brand-new kind of AI. It's believed this tech will be bigger than the current well-known leader in this industry… Analysts predict this innovative tech is gearing up to create a tidal wave of new wealth, fueling a $15.7 TRILLION market boom.
Right now, we’re staring down the barrel of a true once-in-a-lifetime moment. As an investment opportunity, this kind of breakthrough doesn't come along every day.
And the window to get in on the ground-floor — maximizing profit potential from this expected market surge — is closing quickly...
Simply enter your email below to get the names and tickers of the 7 small stocks with potential to make investors very, very happy.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
