Virnetx (NASDAQ:VHC) Stock Rating Upgraded by Wall Street Zen

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

Virnetx Price Performance

NASDAQ:VHC opened at $18.00 on Friday. The stock has a market cap of $76.86 million, a PE ratio of -3.67 and a beta of 2.09. Virnetx has a twelve month low of $5.01 and a twelve 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.