World Equity Group Inc. Purchases 21,834 Shares of Voyager Technologies, Inc. $VOYG

World Equity Group Inc. grew its position in Voyager Technologies, Inc. (NYSE:VOYG) by 134.8% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 38,033 shares of the company’s stock after buying an additional 21,834 shares during the period. World Equity Group Inc.’s holdings in Voyager Technologies were worth $890,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Legal & General Group Plc bought a new position in Voyager Technologies in the second quarter valued at about $40,000. New York State Common Retirement Fund bought a new stake in Voyager Technologies during the 2nd quarter worth about $146,000. Squarepoint Ops LLC acquired a new position in Voyager Technologies during the 2nd quarter valued at about $7,501,000. Alliancebernstein L.P. acquired a new position in Voyager Technologies during the 2nd quarter valued at about $24,720,000. Finally, Raymond James Financial Inc. bought a new position in shares of Voyager Technologies in the 2nd quarter valued at about $105,000.

Analyst Ratings Changes

VOYG has been the subject of several analyst reports. Wells Fargo & Company started coverage on shares of Voyager Technologies in a research report on Wednesday, April 1st. They set an “underweight” rating and a $21.00 price target for the company. Weiss Ratings raised shares of Voyager Technologies from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Friday, June 26th. Wolfe Research reaffirmed an “outperform” rating and set a $55.00 target price on shares of Voyager Technologies in a report on Wednesday, June 3rd. Wall Street Zen cut shares of Voyager Technologies from a “sell” rating to a “strong sell” rating in a research report on Sunday, April 19th. Finally, Wedbush began coverage on Voyager Technologies in a research report on Wednesday, July 1st. They issued an “outperform” rating and a $46.00 price target on the stock. Two research analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating, one has assigned a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $43.64.

Voyager Technologies Price Performance

Voyager Technologies stock opened at $25.82 on Friday. The company has a current ratio of 4.57, a quick ratio of 4.52 and a debt-to-equity ratio of 1.11. The firm has a market capitalization of $1.38 billion and a P/E ratio of -9.29. The business has a 50-day moving average of $37.29 and a 200-day moving average of $31.63. Voyager Technologies, Inc. has a 1 year low of $17.41 and a 1 year high of $52.40.

Voyager Technologies (NYSE:VOYG) last announced its quarterly earnings results on Monday, May 4th. The company reported ($0.61) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.75) by $0.14. Voyager Technologies had a negative net margin of 72.90% and a negative return on equity of 18.42%. The business had revenue of $35.25 million for the quarter. The company’s revenue for the quarter was up .1% on a year-over-year basis. On average, equities analysts anticipate that Voyager Technologies, Inc. will post -3.48 EPS for the current year.

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.