Virnetx (NASDAQ:VHC) Upgraded by Wall Street Zen to “Hold” Rating

Virnetx (NASDAQ:VHC) was upgraded by equities research analysts at Wall Street Zen to a “hold” rating in a report released on Friday.

Virnetx Price Performance

Virnetx stock traded down $0.43 during mid-day trading on Friday, hitting $18.00. The company’s stock had a trading volume of 81,761 shares, compared to its average volume of 23,828. Virnetx has a 12 month low of $5.01 and a 12 month high of $29.00.

Virnetx Company Profile

VirnetX Holding Corp. is a U.S.-based technology company focused on secure communications and network security technologies. The company develops, owns and licenses intellectual property covering methods and systems for encrypted communications, virtual private networks and secure domain name resolution. VirnetX’s work centers on technologies designed to protect data in transit and enable private, authenticated connections across public networks.

VirnetX’s offerings are primarily deployed through licensing arrangements and technology integrations rather than through mass-market consumer products.