One Horizon Group (OHGI) Trading Down 5.5%

One Horizon Group Inc (NASDAQ:OHGI)’s share price dropped 5.5% during mid-day trading on Thursday . The company traded as low as $1.00 and last traded at $1.04. Approximately 798,031 shares were traded during trading, a decline of 46% from the average daily volume of 1,486,365 shares. The stock had previously closed at $1.10.

The firm has a market capitalization of $34.21, a price-to-earnings ratio of -1.25 and a beta of 2.13.

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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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