Form Holdings Corp (VRNG) Now Covered by Analysts at Roth Capital

Investment analysts at Roth Capital began coverage on shares of Form Holdings Corp (NASDAQ:VRNG) in a research note issued on Tuesday, August 8th, reports. The firm set a “buy” rating and a $3.00 price target on the business services provider’s stock. Roth Capital’s price target points to a potential upside of 52.28% from the company’s previous close.

Form Holdings Corp (NASDAQ VRNG) remained flat at $1.97 during mid-day trading on Tuesday. The company’s stock had a trading volume of 232,368 shares. Form Holdings Corp has a 52-week low of $1.18 and a 52-week high of $7.40. The company’s 50 day moving average price is $1.78 and its 200-day moving average price is $2.31.

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About Form Holdings Corp

FORM Holdings Corp., formerly Vringo, Inc, is a diversified holding company. The Company specializes in identifying, investing in and developing companies with growth potential. Its holdings include Group Mobile, Fli Charge, Infomedia and Intellectual Property Assets. Group Mobile is a provider of rugged, mobile and field-use computing products, serving customers across the world.

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