VirnetX Holding Corp (NYSE:VHC - Get Free Report)'s stock price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $8.57 and traded as high as $12.34. VirnetX shares last traded at $12.22, with a volume of 7,089 shares changing hands.
VirnetX Stock Performance
The stock's fifty day moving average is $9.27 and its 200 day moving average is $8.73. The stock has a market cap of $69.10 million, a P/E ratio of -3.34 and a beta of 1.56.
VirnetX (NYSE:VHC - Get Free Report) last posted its quarterly earnings data on Wednesday, May 14th. The technology company reported ($1.01) earnings per share for the quarter.
Institutional Trading of VirnetX
A hedge fund recently raised its stake in VirnetX stock. Csenge Advisory Group grew its stake in shares of VirnetX Holding Corp (NYSE:VHC - Free Report) by 11.4% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 24,002 shares of the technology company's stock after purchasing an additional 2,448 shares during the quarter. Csenge Advisory Group owned approximately 0.57% of VirnetX worth $177,000 at the end of the most recent quarter. 10.37% of the stock is owned by hedge funds and other 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 Stories
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
Learn the basics of options trading and how to use them to boost returns and manage risk with this free report from MarketBeat. Click the link below to get your free copy.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
