One Horizon Group Inc. (OHGI) Upgraded at Zacks Investment Research

Zacks Investment Research upgraded shares of One Horizon Group Inc. (NASDAQ:OHGI) from a sell rating to a hold rating in a research note issued to investors on Wednesday morning.

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. “

Shares of One Horizon Group (NASDAQ:OHGI) opened at 0.54 on Wednesday. One Horizon Group has a 52-week low of $0.52 and a 52-week high of $1.62. The company has a 50 day moving average of $0.70 and a 200 day moving average of $0.75. The firm’s market capitalization is $19.06 million.

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.

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