Voyager Technologies (NYSE:VOYG) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Voyager Technologies (NYSE:VOYG) from a strong sell rating to a sell rating in a research report released on Saturday morning.

VOYG has been the subject of several other reports. Morgan Stanley set a $39.00 target price on shares of Voyager Technologies in a research note on Friday, January 16th. Wedbush reaffirmed an “outperform” rating and issued a $46.00 target price on shares of Voyager Technologies in a research note on Friday, March 13th. Citigroup started coverage on shares of Voyager Technologies in a research note on Monday, March 30th. They issued a “buy” rating and a $36.00 target price for the company. Zacks Research cut shares of Voyager Technologies from a “hold” rating to a “strong sell” rating in a research note on Monday, March 9th. Finally, Wells Fargo & Company started coverage on shares of Voyager Technologies in a research note on Wednesday, April 1st. They issued an “underweight” rating and a $21.00 target price for the company. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, two have given a Hold rating and two have given a Sell rating to the company. According to MarketBeat, Voyager Technologies has a consensus rating of “Moderate Buy” and an average price target of $40.64.

Voyager Technologies Stock Up 0.9%

VOYG stock opened at $30.04 on Friday. The stock has a market capitalization of $1.60 billion and a P/E ratio of -6.94. The company has a debt-to-equity ratio of 1.04, a quick ratio of 4.34 and a current ratio of 4.37. Voyager Technologies has a one year low of $17.41 and a one year high of $73.95. The company has a 50 day moving average price of $26.99 and a two-hundred day moving average price of $27.91.

Voyager Technologies (NYSE:VOYG) last released its earnings results on Monday, March 9th. The company reported ($0.37) EPS for the quarter, missing the consensus estimate of ($0.36) by ($0.01). The firm had revenue of $46.65 million during the quarter. Voyager Technologies had a negative return on equity of 23.35% and a negative net margin of 62.98%.Voyager Technologies’s revenue was up 23.7% compared to the same quarter last year.

Institutional Investors Weigh In On Voyager Technologies

Institutional investors have recently added to or reduced their stakes in the company. Federation des caisses Desjardins du Quebec purchased a new stake in Voyager Technologies during the fourth quarter valued at about $26,000. Caitong International Asset Management Co. Ltd purchased a new stake in Voyager Technologies during the fourth quarter valued at about $28,000. Sunbelt Securities Inc. purchased a new stake in Voyager Technologies during the fourth quarter worth approximately $33,000. Ameritas Investment Partners Inc. purchased a new stake in Voyager Technologies during the third quarter worth approximately $34,000. Finally, Russell Investments Group Ltd. purchased a new stake in Voyager Technologies during 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.