VirnetX Holding Co. (NYSE:VHC) shares shot up 3.4% during trading on Tuesday . The stock traded as high as $2.73 and last traded at $2.70, with a volume of 149,247 shares traded. The stock had previously closed at $2.61.

The company’s market capitalization is $154.12 million. The company has a 50-day moving average of $3.38 and a 200-day moving average of $4.47.

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.

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