VirnetX Holding (VHC) Crumbles: Stock Falls by 7.3% - Tale of the Tape

By Zacks Equity Research,

Shutterstock photo

VirnetX Holding Corp ( VHC ) saw a big move last session, as the company's shares fell by over 7% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This continues the recent downtrend for VHC as the stock is now down nearly 5% since Feb 20.

This slump shouldn't be too much of a surprise to investors, as the internet software company has seen 1 negative revision in the past few weeks and its current year earnings consensus has moved lower over the last 30 days. This suggests there may be more trouble down the road. So make sure to keep an eye on this stock going forward to see if this recent slump will continue, as the earnings picture definitely suggests that this might be the case.

VHC currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.0%.

Some better-ranked stocks in the same industry include China Mobile Games and Entertainment Group Limited ( CMGE ), j2 Global, Inc. ( JCOM ) and Model N, Inc. ( MODN ). All these stocks sport a Zacks Rank #1 (Strong Buy).

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days . Click to get this free report >>


J2 GLOBAL INC (JCOM): Free Stock Analysis Report

MODEL N INC (MODN): Free Stock Analysis Report

VIRNETX HOLDING (VHC): Free Stock Analysis Report

To read this article on click here.

Zacks Investment Research

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: Investing , Investing Ideas , Stocks
Referenced Stocks: CMGE , JCOM , MODN , VHC

More from


Follow on:

Find a Credit Card

Select a credit card product by:
Select an offer:
Data Provided by