Gilford Securities Downgrade VirnetX Holding Corp [VHC]. What else is Wall St. saying?

VirnetX Holding Corp [NYSE: VHC] loss -6.08% or -0.32 points to close at $4.94 with a heavy trading volume of 1027276 shares. The company report on July 17, 2020 that VirnetX Announces Voluntary Transfer Listing of its Common Stock to the New York Stock Exchange.

VirnetX™ Holding Corporation (NYSE AMERICAN: VHC) (the “Company”, “VirnetX”), an Internet security software and technology company, announced today that it has voluntarily chosen to transfer the listing of its common stock from the NYSE American LLC (“NYSE American”) to the New York Stock Exchange (“NYSE”).

VirnetX anticipates its common stock will begin trading on the NYSE (under its current ticker symbol “VHC”) at the commencement of trading on July 22, 2020, and that its common stock will continue to trade on the NYSE American under the symbol “VHC” until the closing of trading on July 21, 2020.

It opened the trading session at $5.23, the shares rose to $5.46 and dropped to $4.90, the range by which the price of stock traded the whole day. The daily chart for VHC points out that the company has recorded 27.70% gains over the past six months. However, it is still -102.46% lower than its most recent low trading price.

If we look at the average trading volume of 727.18K shares, VHC reached to a volume of 1027276 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here is what top equities market gurus are saying about VirnetX Holding Corp [VHC]:

Gilford Securities have made an estimate for VirnetX Holding Corp shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on September 18, 2014. The new note on the price target was released on August 24, 2012, representing the official price target for VirnetX Holding Corp stock. Previously, the target price had yet another raise to $6, while Dawson James analysts kept a Buy rating on VHC stock.

The Average True Range (ATR) for VirnetX Holding Corp is set at 0.38, with the Price to Sales ratio for VHC stock in the period of the last 12 months amounting to 1.18. The Price to Book ratio for the last quarter was 1.12, with the Price to Cash per share for the same quarter was set at 6.05. Price to Free Cash Flow for VHC in the course of the last twelve months was 0.86 with Quick ratio for the last quarter at 3.20.

Trading performance analysis for VHC stock

VirnetX Holding Corp [VHC] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -6.62. With this latest performance, VHC shares dropped by -26.16% in over the last four-week period, additionally plugging by 27.70% over the last 6 months – not to mention a rise of 14.95% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for VHC stock in for the last two-week period is set at 36.33, with the RSI for the last a single of trading hit 33.31, and the three-weeks RSI is set at 38.66 for VirnetX Holding Corp [VHC]. The present Moving Average for the last 50 days of trading for this stock 6.02, while it was recorded at 5.26 for the last single week of trading, and 5.30 for the last 200 days.

VirnetX Holding Corp [VHC]: A deeper dive into fundamental analysis

Operating Margin for any stock indicates how profitable investing would be, and VirnetX Holding Corp [VHC] shares currently have an operating margin of -23135.29. VirnetX Holding Corp’s Net Margin is presently recorded at -22564.71.

Return on Total Capital for VHC is now -253.48, given the latest momentum, and Return on Invested Capital for the company is -247.23. Return on Equity for this stock declined to -247.23, with Return on Assets sitting at -199.28.

Reflecting on the efficiency of the workforce at the company, VirnetX Holding Corp [VHC] managed to generate an average of -$959,000 per employee. Receivables Turnover for the company is 15.45 with a Total Asset Turnover recorded at a value of 0.01.VirnetX Holding Corp’s liquidity data is similarly interesting compelling, with a Quick Ratio of 3.20 and a Current Ratio set at 3.20.

VirnetX Holding Corp [VHC]: An earnings per share (EPS) analysis

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for VHC. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for VirnetX Holding Corp go to 15.00%.

An analysis of insider ownership at VirnetX Holding Corp [VHC]

There are presently around $89 million, or 25.70% of VHC stock, in the hands of institutional investors. The top three institutional holders of VHC stocks are: BLACKROCK INC. with ownership of 4,303,124, which is approximately 0.567% of the company’s market cap and around 9.70% of the total institutional ownership; VANGUARD GROUP INC, holding 3,304,186 shares of the stock with an approximate value of $16.32 million in VHC stocks shares; and MORGAN STANLEY, currently with $6.8 million in VHC stock with ownership of nearly -9.489% of the company’s market capitalization.

Positions in VirnetX Holding Corp stocks held by institutional investors increased at the end of May and at the time of the May reporting period, where 43 institutional holders increased their position in VirnetX Holding Corp [NYSE:VHC] by around 1,771,881 shares. Additionally, 34 investors decreased positions by around 1,211,047 shares, while 26 investors held positions by with 14,942,006 shares. The mentioned changes placed institutional holdings at 17,924,934 shares, according to the latest SEC report filing. VHC stock had 20 new institutional investments in for a total of 712,024 shares, while 5 institutional investors sold positions of 94,999 shares during the same period.

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