VirnetX Holding (VHC) was among the biggest gainers on the Russell 2000 for Thursday January 14 as the stock popped 48.39% to $3.68, representing a gain of $1.2 per share. Some 2.97 million shares traded hands on 9,055 trades, compared with an average daily volume of 424,374 shares out of a total float of 53.05 million. The stock opened at $2.69 and traded with an intraday range of $3.98 to $2.55.
After today's gains, VirnetX Holding reached a market cap of $195.21 million. VirnetX Holding has had a trading range between $8.09 and $1.95 over the last year, and it had a 50-day SMA of $2.83 and a 200-day SMA of $4.26.
VirnetX Holding Corp is an Internet security software and technology company with patented technology for secure communications. The Company's software and technology solutions, include its Secure Domain Name Registry and GABRIEL Connection Technology.
VirnetX Holding is based out of Zephyr Cove, NV and has some 14 employees. Its CEO is Kendall Larsen.
For a complete fundamental analysis analysis of VirnetX Holding, check out Equities.com’s Stock Valuation Analysis report for VHC. To see the latest independent stock recommendations from Equities.com’s analysts, visit our Research section.
The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It's maintained by Russell Investments, an industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.
Russell's indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It's a simple approach that gives a broad, unbiased look at the small-cap market as a whole.
All data provided by QuoteMedia and was accurate as of 4:30PM ET.