One Horizon Group (NASDAQ:OHGI) Shares Cross Below 50-Day Moving Average of $0.03

One Horizon Group Inc (NASDAQ:OHGI) passed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $0.03 and traded as low as $0.08. One Horizon Group shares last traded at $0.08, with a volume of 0 shares.

The stock has a fifty day moving average of $0.03 and a 200-day moving average of $0.05.

A hedge fund recently raised its stake in One Horizon Group stock. Deutsche Bank AG raised its holdings in One Horizon Group Inc (NASDAQ:OHGI) by 39,729.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 478,356 shares of the software maker’s stock after purchasing an additional 477,155 shares during the quarter. Deutsche Bank AG owned 0.54% of One Horizon Group worth $42,000 as of its most recent filing with the Securities and Exchange Commission. 0.77% of the stock is currently owned by institutional investors and hedge funds.

About One Horizon Group (NASDAQ:OHGI)

One Horizon Group, Inc develops and licenses digitally secure messaging software primarily to gaming, security, and educational markets in Hong Kong, China, and the United Kingdom. The company operates 123Wish, a subscription-based marketplace that provides users with the experiences of social media influencers, including celebrities, professional athletes, fashion designers, and artists; and provides music production, artist representation, and digital media services.

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