Vringo, Inc. (NASDAQ:VRNG) Continues Lone Patent Battle


Dallas, Texas 04/01/2014 (FINANCIALSTRENDS) – Vringo, Inc. (NASDAQ:VRNG) which owns the subsidiary I/P Engine Inc. has since been fighting patent suit against technology giants of the likes of AOL, Google and others. The appeals numbered 13-1307 and 13-1313, filed before the United States Court of Appeals in the Federal Circuit have since noted May 6, 2014 as the next day to address the issue.

Vringo, Inc. (NASDAQ:VRNG) has following this development reported gains in volume to the tune of 1.26 million shares and also reported average volumes of stock retained at 1.74 million shares. The stock has witnessed positive growth of roughly 3.54% in these trading sessions.

Vringo, Inc. (NASDAQ:VRNG) has a market capital of $306.30 million. The company has also reported an average per day trading rate of $3.58 high and $3.47 low. The company has also reported that the stock opened at the beginning of the previous trading day at $3.47.

The 52-week trading rates for Vringo, Inc. (NASDAQ:VRNG) has been recognized to be $2.61 low and $5.45 low. EPS is -0.60. Beta is 1.39.

Vringo Inc software proficiency

VringoInc has been one of the leading development company’s which were engaged in the development of mobile computing software. The company is known to provide as well as create a range of shareable mobile platforms.

The variety of software it is able to provide, which includes such as video ringtones, mobile phones as well as a range of products such as The Vringo Mobile Application as well as the Vringo WAP site. The website and the studio are some of the other popular software the company currently offers. An important highlight which the company has since exhibited is the selection of ring tones, much on the lines of a gallery-based selection.

Vringo Inc also holds a diverse patent pool, which ensures the valuation of the company remains for a long time to come!

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