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1 Comment
VirnetX Holding Corp is currently in a long term downtrend where the price is trading 23.2% below its 200 day moving average.
From a valuation standpoint, the stock is 94.9% cheaper than other stocks from the Technology sector with a price to sales ratio of 1.3.
VirnetX Holding Corp's total revenue sank by 54.3% to $16K since the same quarter in the previous year.
Its net income has dropped by 66.1% to $-7M since the same quarter in the previous year.
Finally, its free cash flow fell by 739.0% to $-27M since the same quarter in the previous year.
Based on the above factors, VirnetX Holding Corp gets an overall score of 1/5.
Industry | Software-Infrastructure |
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Sector | Technology |
ISIN | US92823T1088 |
CurrencyCode | USD |
Exchange | NYSE |
Beta | 1.19 |
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Target Price | 2.88 |
Dividend Yield | 0.0% |
PE Ratio | None |
Market Cap | 104M |
VirnetX Holding Corporation, through its subsidiary VirnetX, Inc., operates as an Internet security software and technology company primarily in the United States. The company develops software and technology solutions, including secure domain name registry and GABRIEL Connection Technology that are designed to secure communications over the Internet using zero trust network access. It also offers a portfolio of licenses and services, such as VirnetX One, a security-as-a-service platform that protects enterprise applications, services, and infrastructure from cyber-attacks; GABRIEL Connection Technology software development kit to assist with rapid integration of its techniques into existing software implementations; War Room software that offers safe and secure video conferencing meeting environment where sensitive communications and data is invisible to those not authorized to view it; and VirnetX Matrix that provides security for internet-enabled enterprise applications and their connected devices. In addition, the company provides GABRIEL Collaboration Suite that enables seamless and secure cross-platform communications between users' devices. It serves domain infrastructure and communication service providers, and system integrators; and enterprise customers, developers, and original equipment manufacturers of chips, servers, desktops, smart phones, tablets, laptops, net books, and other devices in the IP-telephony, mobility, fixed-mobile convergence, and unified communications markets. The company was incorporated in 2005 and is headquartered in Zephyr Cove, Nevada.
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