Voyager Technologies (NYSE:VOYG) Stock Price Up 8.7% – Should You Buy?

Voyager Technologies, Inc. (NYSE:VOYG) shares traded up 8.7% on Friday . The stock traded as high as $25.92 and last traded at $26.0550. 670,282 shares changed hands during trading, a decline of 49% from the average session volume of 1,314,453 shares. The stock had previously closed at $23.97.

Wall Street Analyst Weigh In

A number of brokerages have commented on VOYG. Morgan Stanley cut their price target on shares of Voyager Technologies from $46.00 to $25.00 and set an “equal weight” rating on the stock in a research report on Monday, November 24th. Bank of America cut their target price 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. Weiss Ratings reiterated a “sell (d)” rating on shares of Voyager Technologies in a report on Wednesday, October 8th. JPMorgan Chase & Co. began coverage on Voyager Technologies in a research note on Monday, November 24th. They issued an “overweight” rating and a $43.00 price target on the stock. Finally, KeyCorp reduced their price objective on shares of Voyager Technologies from $50.00 to $45.00 and set an “overweight” rating for the company in a research report on Thursday, November 6th. Five investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, Voyager Technologies presently has a consensus rating of “Moderate Buy” and a consensus price target of $42.71.

Voyager Technologies Trading Up 11.4%

The stock has a fifty day simple moving average of $26.14.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the stock. Highline Wealth Partners LLC purchased a new position in shares of Voyager Technologies during the second quarter valued at approximately $26,000. Steward Partners Investment Advisory LLC bought a new stake in shares of Voyager Technologies in the 2nd quarter worth $28,000. Ameritas Investment Partners Inc. bought a new stake in shares of Voyager Technologies in the 3rd quarter worth $34,000. Russell Investments Group Ltd. purchased a new stake in shares of Voyager Technologies in the third quarter valued at about $35,000. Finally, Legal & General Group Plc bought a new position in shares of Voyager Technologies during the second quarter valued at about $40,000.

Voyager Technologies Company Profile

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.