Voyager Technologies (NYSE:VOYG) Hits New 52-Week Low – What’s Next?

Voyager Technologies, Inc. (NYSE:VOYG)’s share price reached a new 52-week low during trading on Thursday . The company traded as low as $17.41 and last traded at $18.3890, with a volume of 1069905 shares. The stock had previously closed at $17.99.

Analysts Set New Price Targets

Several equities analysts have weighed in on VOYG shares. Weiss Ratings reiterated a “sell (d)” rating on shares of Voyager Technologies in a research report on Wednesday, October 8th. KeyCorp lowered their price target on Voyager Technologies from $50.00 to $45.00 and set an “overweight” rating on the stock in a report on Thursday, November 6th. Bank of America dropped their price target on Voyager Technologies from $50.00 to $41.00 and set a “buy” rating on the stock in a research report on Monday, August 25th. Finally, Wall Street Zen lowered Voyager Technologies from a “hold” rating to a “sell” rating in a research report on Saturday, August 9th. Five analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $47.00.

Voyager Technologies Stock Performance

The firm’s 50 day simple moving average is $29.43.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the company. Highline Wealth Partners LLC purchased a new stake in shares of Voyager Technologies during the 2nd quarter worth about $26,000. Steward Partners Investment Advisory LLC acquired a new position in Voyager Technologies in the second quarter worth approximately $28,000. Ameritas Investment Partners Inc. bought a new position in Voyager Technologies during the third quarter valued at approximately $34,000. Russell Investments Group Ltd. acquired a new stake in Voyager Technologies in the third quarter valued at approximately $35,000. Finally, Legal & General Group Plc bought a new stake in Voyager Technologies in the second quarter worth approximately $40,000.

About Voyager Technologies

We are an innovation-driven defense technology and space solutions company. Our company was purpose-built to address issues at the forefront of defense, national security and space industries and we have organized our business to reflect this goal. We strive to solve complex challenges to fortify national security, protect critical assets and unlock new frontiers for human progress and economic development.