26,223 Shares in Voyager Technologies, Inc. $VOYG Bought by Readystate Asset Management LP

Readystate Asset Management LP purchased a new position in Voyager Technologies, Inc. (NYSE:VOYG) in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 26,223 shares of the company’s stock, valued at approximately $613,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Federation des caisses Desjardins du Quebec purchased a new position in shares of Voyager Technologies in the fourth quarter valued at about $26,000. Caitong International Asset Management Co. Ltd bought a new stake in Voyager Technologies during the 4th quarter valued at approximately $28,000. Sunbelt Securities Inc. bought a new stake in Voyager Technologies during the 4th quarter valued at approximately $33,000. Ameritas Investment Partners Inc. purchased a new position in Voyager Technologies in the 3rd quarter worth approximately $34,000. Finally, Russell Investments Group Ltd. bought a new position in Voyager Technologies in the 3rd quarter worth approximately $35,000.

Voyager Technologies Stock Performance

NYSE VOYG opened at $22.59 on Thursday. The business’s 50 day moving average price is $35.77 and its 200-day moving average price is $31.51. Voyager Technologies, Inc. has a fifty-two week low of $17.41 and a fifty-two week high of $52.40. The company has a market cap of $1.21 billion and a P/E ratio of -8.12. The company has a debt-to-equity ratio of 1.11, a quick ratio of 4.52 and a current ratio of 4.57.

Voyager Technologies (NYSE:VOYG) last announced its quarterly earnings results on Monday, May 4th. The company reported ($0.61) EPS for the quarter, beating the consensus estimate of ($0.75) by $0.14. The firm had revenue of $35.25 million for 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. Sell-side analysts predict that Voyager Technologies, Inc. will post -3.48 earnings per share for the current year.

Analysts Set New Price Targets

A number of brokerages have issued reports on VOYG. Morgan Stanley reaffirmed an “underweight” rating and set a $39.00 price objective on shares of Voyager Technologies in a report on Wednesday, July 15th. BTIG Research assumed coverage on shares of Voyager Technologies in a research report on Thursday, June 11th. They set a “buy” rating and a $55.00 target price for the company. Zacks Research raised shares of Voyager Technologies from a “strong sell” rating to a “hold” rating in a research note on Wednesday, April 15th. Weiss Ratings upgraded shares of Voyager Technologies from a “sell (e+)” rating to a “sell (d-)” rating in a report on Friday, June 26th. Finally, Jefferies Financial Group increased their price objective on shares of Voyager Technologies from $40.00 to $60.00 and gave the company a “buy” rating in a report on Monday, June 1st. Two research analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating, one has issued a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $43.64.

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.