Analysts at Roth Capital started coverage on shares of Form Holdings Corp (NASDAQ:VRNG) in a report issued on Tuesday, reports. The brokerage set a “buy” rating and a $3.00 price target on the business services provider’s stock. Roth Capital’s target price would suggest a potential upside of 52.28% from the stock’s previous close.

Shares of Form Holdings Corp (VRNG) remained flat at $1.97 on Tuesday. The company’s stock had a trading volume of 232,368 shares. The company’s 50-day moving average is $1.78 and its 200 day moving average is $2.31. Form Holdings Corp has a 12 month low of $1.18 and a 12 month high of $7.40.

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Form Holdings Corp Company Profile

FORM Holdings Corp., formerly Vringo, Inc, is a diversified holding company. The Company specializes in identifying, investing in and developing companies with growth potential. Its holdings include Group Mobile, Fli Charge, Infomedia and Intellectual Property Assets. Group Mobile is a provider of rugged, mobile and field-use computing products, serving customers across the world.

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