VirnetX Holding Co. (NYSE:VHC)’s share price shot up 6.2% during mid-day trading on Monday . The stock traded as high as $2.75 and last traded at $2.75, with a volume of 385,700 shares changing hands. The stock had previously closed at $2.59.

The stock’s market cap is $155.82 million. The stock’s 50-day moving average is $3.09 and its 200 day moving average is $4.25.

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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