VirnetX Holding Co. (NYSE:VHC)’s share price shot up 4.8% during trading on Friday . The company traded as high as $2.43 and last traded at $2.40, with a volume of 467,005 shares. The stock had previously closed at $2.29.

The company has a 50-day moving average price of $3.98 and a 200-day moving average price of $4.61. The firm’s market cap is $133.03 million.

VirnetX Holding Corporation is an Internet security software and technology Company with a technology for secure communications, including fourth-generation (4G) long term evolution (LTE) security. The Company’s software and technology solutions, including its secure domain name registry and GABRIEL Connection Technology, facilitate secure communications and provide the security platform required by Internet-based applications, such as instant messaging, voice over Internet protocol, 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's FREE daily email newsletter.