Voyager Technologies (NYSE:VOYG) Shares Gap Up – Should You Buy?

Voyager Technologies, Inc. (NYSE:VOYG)’s stock price gapped up before the market opened on Friday . The stock had previously closed at $22.00, but opened at $22.96. Voyager Technologies shares last traded at $22.4010, with a volume of 317,894 shares trading hands.

Wall Street Analyst Weigh In

VOYG has been the subject of a number of recent analyst reports. Wall Street Zen cut shares of Voyager Technologies from a “hold” rating to a “sell” rating in a research note on Saturday, August 9th. KeyCorp reduced their target price on Voyager Technologies from $50.00 to $45.00 and set an “overweight” rating for the company in a report on Thursday, November 6th. JPMorgan Chase & Co. started coverage on Voyager Technologies in a research note on Monday. They issued an “overweight” rating and a $43.00 price target on the stock. Bank of America reduced their price objective 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. Finally, Morgan Stanley lowered their target price on shares of Voyager Technologies from $46.00 to $25.00 and set an “equal weight” rating on the stock in a research note on Monday. Five analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $42.71.

Voyager Technologies Stock Performance

The business’s 50-day moving average is $28.38.

Institutional Investors Weigh In On Voyager Technologies

A number of hedge funds have recently bought and sold shares of VOYG. Highline Wealth Partners LLC purchased a new position in shares of Voyager Technologies in the 2nd quarter valued at about $26,000. Steward Partners Investment Advisory LLC acquired a new stake in Voyager Technologies in the second quarter valued at approximately $28,000. Legal & General Group Plc purchased a new position in Voyager Technologies in the second quarter worth approximately $40,000. Osaic Holdings Inc. acquired a new position in Voyager Technologies during the 2nd quarter worth approximately $40,000. Finally, Ameritas Investment Partners Inc. purchased a new stake in shares of Voyager Technologies in the 3rd quarter valued at approximately $34,000.

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.