Voyager Technologies (NYSE:VOYG) Sees Unusually-High Trading Volume – Should You Buy?

Shares of Voyager Technologies, Inc. (NYSE:VOYG) saw unusually-high trading volume on Monday . Approximately 1,303,780 shares were traded during trading, an increase of 4% from the previous session’s volume of 1,249,670 shares.The stock last traded at $22.6530 and had previously closed at $23.75.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on the company. Bank of America decreased their target price on Voyager Technologies from $50.00 to $41.00 and set a “buy” rating for the company in a research note on Monday, August 25th. KeyCorp cut their price objective on shares of Voyager Technologies from $50.00 to $45.00 and set an “overweight” rating on the stock in a research report on Thursday, November 6th. Morgan Stanley reduced their target price on Voyager Technologies from $46.00 to $25.00 and set an “equal weight” rating for the company in a research note on Monday, November 24th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Voyager Technologies in a research note on Wednesday, October 8th. Finally, JPMorgan Chase & Co. assumed coverage on Voyager Technologies in a research report on Monday, November 24th. They set an “overweight” rating and a $43.00 target price on the stock. Five analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $42.71.

Voyager Technologies Stock Up 1.2%

The stock has a 50-day simple moving average of $27.23.

Hedge Funds Weigh In On Voyager Technologies

Several institutional investors have recently bought and sold shares of the company. Dakota Wealth Management purchased a new position in shares of Voyager Technologies during the 2nd quarter valued at $2,426,000. Highline Wealth Partners LLC purchased a new position in Voyager Technologies in the 2nd quarter valued at approximately $26,000. PFG Investments LLC bought a new stake in shares of Voyager Technologies during the 2nd quarter valued at $212,000. Liberty Street Advisors Inc. purchased a new stake in Voyager Technologies during the 2nd quarter worth about $21,384,000. Finally, SBI Securities Co. Ltd. bought a new position in Voyager Technologies in the 2nd quarter worth about $274,000.

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.