Voyager Technologies, Inc. (NYSE:VOYG) Receives Average Recommendation of “Moderate Buy” from Brokerages

Shares of Voyager Technologies, Inc. (NYSE:VOYG) have earned a consensus rating of “Moderate Buy” from the thirteen brokerages that are presently covering the stock, Marketbeat Ratings reports. Two investment analysts have rated the stock with a sell recommendation, one has issued a hold recommendation, eight have assigned a buy recommendation and two have assigned a strong buy recommendation to the company. The average twelve-month price objective among brokers that have issued ratings on the stock in the last year is $43.9091.

A number of equities research analysts have recently commented on the stock. BTIG Research initiated coverage on shares of Voyager Technologies in a research note on Thursday, June 11th. They issued a “buy” rating and a $55.00 price objective on the stock. Zacks Research raised shares of Voyager Technologies from a “strong sell” rating to a “hold” rating in a research note on Wednesday, April 15th. Citigroup boosted their target price on shares of Voyager Technologies from $36.00 to $44.00 and gave the company a “buy” rating in a report on Monday, May 18th. Weiss Ratings raised shares of Voyager Technologies from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Friday, June 26th. Finally, JPMorgan Chase & Co. decreased their price target on Voyager Technologies from $43.00 to $39.00 and set an “overweight” rating for the company in a report on Monday, April 13th.

Voyager Technologies Stock Performance

NYSE:VOYG opened at $43.13 on Tuesday. The company has a debt-to-equity ratio of 1.19, a quick ratio of 3.72 and a current ratio of 3.80. Voyager Technologies has a fifty-two week low of $17.41 and a fifty-two week high of $52.40. The company has a 50 day simple moving average of $33.66 and a two-hundred day simple moving average of $31.53. The company has a market capitalization of $2.38 billion, a PE ratio of -18.43 and a beta of 4.19.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Federation des caisses Desjardins du Quebec acquired a new stake in shares of Voyager Technologies in the 4th quarter worth about $26,000. Caitong International Asset Management Co. Ltd acquired a new position in Voyager Technologies during the 4th quarter valued at about $28,000. Sunbelt Securities Inc. bought a new stake in Voyager Technologies during the 4th quarter worth approximately $33,000. Ameritas Investment Partners Inc. purchased a new stake in shares of Voyager Technologies in the third quarter worth approximately $34,000. Finally, Russell Investments Group Ltd. purchased a new stake in shares of Voyager Technologies in the third quarter worth approximately $35,000.

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. We are committed to developing and delivering an array of transformative, mission-critical solutions to customers enabled by our advanced technology, analytics and space infrastructure capabilities.