One Horizon Group Inc. (NASDAQ:OHGI) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a report issued on Wednesday.

According to Zacks, “One Horizon Group, Inc. is primarily engaged in developing solutions for network operators and service providers. The company provides solutions for mobile, mobile satellite and VSAT communication. Its product portfolio consists of mobile apps, desktop apps, VoIP PBX, VoIP switches, and Global Exchange. The Company primarily operates in Switzerland, UK, China, Russia, India, Thailand, Singapore and Hong Kong. One Horizon Group, Inc., formerly known as Intelligent Communication Enterprise Corporation, is based in Singapore. “

One Horizon Group (NASDAQ:OHGI) opened at 0.5799 on Wednesday. The company has a 50-day moving average of $0.71 and a 200 day moving average of $0.75. The stock’s market capitalization is $20.46 million. One Horizon Group has a 12 month low of $0.57 and a 12 month high of $1.62.

One Horizon Group Company Profile

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.

5 Day Chart for NASDAQ:OHGI

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