One Horizon Group (OHGI) Trading Up 10.6%

Shares of One Horizon Group Inc (NASDAQ:OHGI) were up 10.6% during mid-day trading on Wednesday . The stock traded as high as $1.84 and last traded at $1.56. Approximately 2,149,600 shares changed hands during trading, an increase of 214% from the average daily volume of 683,667 shares. The stock had previously closed at $1.41.

The stock has a market cap of $40.36, a PE ratio of -3.67 and a beta of 2.24.

In other One Horizon Group news, major shareholder Zhanming Wu purchased 2,000,000 shares of the business’s stock in a transaction on Tuesday, October 24th. The stock was acquired at an average cost of $0.13 per share, for a total transaction of $260,000.00. Following the completion of the transaction, the insider now directly owns 2,000,000 shares in the company, valued at approximately $260,000. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 18.95% of the company’s stock.

COPYRIGHT VIOLATION WARNING: “One Horizon Group (OHGI) Trading Up 10.6%” was originally posted by Community Financial News and is the property of of Community Financial News. If you are reading this report on another site, it was illegally stolen and republished in violation of United States & international copyright and trademark legislation. The original version of this report can be viewed at https://www.com-unik.info/2018/01/10/one-horizon-group-ohgi-trading-up-10-6.html.

About One Horizon Group

One Horizon Group, Inc is engaged in the development and licensing of software for mobile voice over Internet protocol (VoIP). The Company’s operations include the licensing of software to telecommunications operators and the development of software application platforms that optimize mobile voice, instant messaging and advertising communications over the Internet.

Receive News & Ratings for One Horizon Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for One Horizon Group and related companies with MarketBeat.com's FREE daily email newsletter.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit