NCR Voyix Target of Unusually High Options Trading (NYSE:VYX)

NCR Voyix Corporation (NYSE:VYX) was the recipient of some unusual options trading on Tuesday. Traders purchased 51,175 call options on the stock. This is an increase of 96,457% compared to the typical daily volume of 53 call options.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on VYX shares. The Goldman Sachs Group reduced their price objective on NCR Voyix from $13.00 to $11.50 and set a “neutral” rating on the stock in a report on Tuesday, January 13th. Weiss Ratings restated a “sell (d)” rating on shares of NCR Voyix in a research note on Monday, December 29th. Finally, Zacks Research lowered shares of NCR Voyix from a “strong-buy” rating to a “hold” rating in a research note on Thursday, November 13th. Five equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, NCR Voyix presently has a consensus rating of “Moderate Buy” and an average price target of $15.64.

NCR Voyix Price Performance

Shares of VYX stock traded up $0.07 on Tuesday, reaching $9.88. 1,545,030 shares of the company were exchanged, compared to its average volume of 1,728,484. The company has a market cap of $1.37 billion, a price-to-earnings ratio of -22.46 and a beta of 1.45. The business has a 50-day moving average price of $10.23 and a 200 day moving average price of $11.47. NCR Voyix has a 1 year low of $7.55 and a 1 year high of $14.67. The company has a debt-to-equity ratio of 1.30, a quick ratio of 0.94 and a current ratio of 1.13.

Institutional Investors Weigh In On NCR Voyix

Hedge funds and other institutional investors have recently made changes to their positions in the business. Contrarian Capital Management L.L.C. lifted its holdings in shares of NCR Voyix by 2.1% during the 3rd quarter. Contrarian Capital Management L.L.C. now owns 48,000 shares of the company’s stock worth $602,000 after acquiring an additional 1,000 shares during the period. Blue Trust Inc. lifted its holdings in NCR Voyix by 33.5% during the 3rd quarter. Blue Trust Inc. now owns 4,755 shares of the company’s stock worth $60,000 after buying an additional 1,193 shares during the last quarter. Intech Investment Management LLC increased its stake in NCR Voyix by 1.7% during the second quarter. Intech Investment Management LLC now owns 73,821 shares of the company’s stock valued at $866,000 after purchasing an additional 1,259 shares during the last quarter. Amalgamated Bank raised its stake in NCR Voyix by 3.4% during the third quarter. Amalgamated Bank now owns 40,871 shares of the company’s stock worth $513,000 after acquiring an additional 1,358 shares during the period. Finally, Optimize Financial Inc grew its stake in NCR Voyix by 1.5% during the 4th quarter. Optimize Financial Inc now owns 105,516 shares of the company’s stock worth $1,076,000 after buying an additional 1,516 shares during the last quarter. Institutional investors and hedge funds own 97.00% of the company’s stock.

NCR Voyix Company Profile

NCR Voyix is a technology company formed through the spin-off of NCR Corporation’s financial and digital commerce business. The company designs, manufactures and supports self-service solutions for banking and retail environments, with core offerings that include ATMs, kiosks, point-of-sale terminals and payment software. By blending hardware, cloud-based applications and managed services, NCR Voyix aims to help financial institutions and merchants modernize customer experiences and streamline transaction processing.

Building on more than a century of heritage under the NCR name, NCR Voyix leverages decades of engineering expertise and innovation in transaction automation.