VirnetX Holding Co. (VHC) Trading 3% Higher
VirnetX Holding Co. (NYSE:VHC)’s share price traded up 3% during trading on Wednesday . The company traded as high as $4.16 and last traded at $4.08, with a volume of 165,928 shares. The stock had previously closed at $3.96.
The company has a 50-day moving average price of $4.45 and a 200 day moving average price of $4.54. The company’s market capitalization is $227.66 million.
A hedge fund recently raised its stake in VirnetX Holding stock. Morgan Stanley raised its position in VirnetX Holding Co. (NYSE:VHC) by 18.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 816,741 shares of the company’s stock after buying an additional 124,731 shares during the period. Morgan Stanley owned about 1.54% of VirnetX Holding worth $2,099,000 at the end of the most recent quarter.
VirnetX Holding Corporation is an Internet security software and technology Company with patented technology for secure communications including 4G LTE security. The Company’s 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.
Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.