Mint Tower Capital Management B.V. Purchases New Position in Voyager Technologies, Inc. $VOYG

Mint Tower Capital Management B.V. purchased a new stake in shares of Voyager Technologies, Inc. (NYSE:VOYG) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 11,500 shares of the company’s stock, valued at approximately $301,000.

Other institutional investors have also recently bought and sold shares of the company. Ameritas Investment Partners Inc. bought a new position in Voyager Technologies in the 3rd quarter valued at $34,000. Russell Investments Group Ltd. bought a new position in Voyager Technologies in the 3rd quarter valued at $35,000. Legal & General Group Plc bought a new position in Voyager Technologies in the 2nd quarter valued at $40,000. Osaic Holdings Inc. bought a new position in Voyager Technologies in the 2nd quarter valued at $40,000. Finally, Canton Hathaway LLC bought a new position in Voyager Technologies in the 4th quarter valued at $82,000.

Voyager Technologies Trading Up 15.2%

VOYG stock opened at $47.54 on Friday. The company has a market cap of $2.54 billion and a P/E ratio of -17.10. Voyager Technologies, Inc. has a twelve month low of $17.41 and a twelve month high of $63.88. The company has a quick ratio of 4.52, a current ratio of 4.57 and a debt-to-equity ratio of 1.11. The business has a fifty day moving average of $35.00 and a 200-day moving average of $30.17.

Voyager Technologies (NYSE:VOYG) last released its earnings results on Monday, May 4th. The company reported ($0.61) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.75) by $0.14. The company had revenue of $35.25 million during the quarter. Voyager Technologies had a negative return on equity of 18.42% and a negative net margin of 72.90%.The business’s quarterly revenue was up .1% compared to the same quarter last year. As a group, equities research analysts expect that Voyager Technologies, Inc. will post -3.48 EPS for the current year.

Analyst Ratings Changes

VOYG has been the subject of a number of research analyst reports. Wall Street Zen downgraded shares of Voyager Technologies from a “sell” rating to a “strong sell” rating in a research note on Sunday, April 19th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Voyager Technologies in a research note on Tuesday. TD Cowen initiated coverage on shares of Voyager Technologies in a research note on Monday, April 20th. They issued a “buy” rating for the company. Wells Fargo & Company initiated 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. Finally, Wedbush boosted their target price on shares of Voyager Technologies from $46.00 to $60.00 and gave the stock an “outperform” rating in a research note on Friday, May 29th. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $44.92.

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.