VirnetX (NYSE:VHC) Stock Crosses Above 200 Day Moving Average – Here’s Why

VirnetX Holding Co. (NYSE:VHCGet Free Report) shares crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $7.08 and traded as high as $8.23. VirnetX shares last traded at $8.29, with a volume of 2,100 shares changing hands.

VirnetX Stock Down 1.3 %

The company has a market cap of $30.89 million, a PE ratio of -1.55 and a beta of 1.28. The company’s fifty day moving average is $8.70 and its 200-day moving average is $7.08.

About VirnetX

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VirnetX Holding Corporation, through its subsidiary VirnetX, Inc, operates as an Internet security software and technology company primarily in the United States. The company develops software and technology solutions, including secure domain name registry and GABRIEL Connection Technology that are designed to secure communications over the Internet using zero trust network access.

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