How Much Upside In These Stocks? VirnetX Holding Corporation (VHC), Groupon Inc (GRPN) and WPX Energy Inc (WPX)
New York, NY – GDP INSIDER – 05/20/2014.
This article discusses three companies: VirnetX Holding Corporation (NYSEMKT:VHC), Groupon Inc (NASDAQ:GRPN) and WPX Energy Inc (NYSE:WPX)
VirnetX Holding Corporation (NYSEMKT:VHC) suffered a decline of 6.23% or $0.38 to finish the day at $5.72 on slightly higher than average trading volume of 0.576 million, compared to its three month average trading volume of 0.534 million. The internet security software and technology company saw the decline on no major news, but it has pushed the total decrease in value of the stock to 61.22% over the past one year and its RSI to 36. If VirnetX Holding Corporation makes further declines, it should enter a lower trading range making it a risky buying opportunity, but one that may be worth it over the medium term.
Groupon Inc (NASDAQ:GRPN) continued to climb yesterday with the stock closing up 1.38% or $0.09 at $6.63 with only 5.46 million shares changing hands, compared to its three month average trading volume of 9.23 million. The shares are up by 10% over the past one year but are down over 15% in the past six months. The 52-week range is $5.46 to $8.43. The technical indicators are not pointing to move in the stock one way or the other. However, with RSI of 41.29 and bearish MACD crossover, the stock may continue to fall in the near term, hold.
WPX Energy Inc (NYSE:WPX) lost three cents during yesterday’s trading session to close the day at $13.14, a minuscule 0.23% decline in value from its previous closing price of $13.17 on lower than average trading volume of 3.877 million compared with its three month average of 5.12 million. The shares of independent natural gas and oil exploration and production company has been falling steadily for most of the last twelve months with the stock down over 38%, but has been starting to gain back some of these losses since the beginning of the year with the stock up 12.98%. The MFI and RSI are 49.84 and 47.17 for WPX Energy Inc. Neither of these indicates a positive or negative driven technical move, hold.
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