VirnetX Holding Corp (NYSE:VHC) previous close was $4.36 while the outstanding shares total 71.06M. The firm has a beta of 0.61. VHC’s shares traded higher over the last trading session, gaining 0.69% on 05/20/21. The shares fell to a low of $4.34 before closing at $4.39. Intraday shares traded counted 0.39 million, which was 32.49% higher than its 30-day average trading volume of 578.87K. The stock’s Relative Strength Index (RSI) is 41.99, with weekly volatility at 6.26% and ATR at 0.22. The VHC stock’s 52-week price range has touched low of $3.92 and a $8.24 high.
Investors have identified the Software – Infrastructure company VirnetX Holding Corp as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $290.00 million, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
VirnetX Holding Corp (VHC) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. In terms of their assets, the company currently has 220.53 million total, with 39.12 million as their total liabilities.
Potential earnings growth for VirnetX Holding Corp (VHC)
In order to determine the future investment potential for this stock, we will have to analyze key trends that affect it. During the 08/11/2021 quarter of the year, VirnetX Holding Corp recorded a total of 5000.0 in revenue. This figure implies that they witnessed a quarterly year/year change in their earnings with -6051420.0% coming in sequential stages and their sales for the 08/11/2021 quarter reducing by -220.0%.
What matters though is how it ends. When the core data for the company is broken down, then the stock sounds interesting. The company spent -9.44 million trying to sell their products during the last quarter, with the result yielding a gross income of 9.44 million. This allows shareholders to hold on to 71.06M with the recently reported earning now reading -0.37 cents per share. This is a figure that compared to analyst’s prediction for their 08/11/2021 (-0.10 cents a share).
Is the stock of VHC attractive?
In related news, Chief Financial Officer, Nance Richard H bought 292 shares of the company’s stock in a transaction that recorded on May 26. The purchase was performed at an average price of 6.85, for a total value of 2,000. As the purchase deal closes, the Chief Financial Officer, Nance Richard H now sold 3,292 shares of the company’s stock, valued at 24,302. Also, Director, Angelo Michael F sold 10,000 shares of the company’s stock in a deal that was recorded on May 21. The shares were cost at an average price of 6.58 per share, with a total market value of 65,800. In the last 6 months, insiders have changed their ownership in shares of company stock by 11.55%.