Voyager Technologies (NYSE:VOYG) Stock Price Down 4.8% - What's Next?

Voyager Technologies, Inc. (NYSE:VOYG - Get Free Report)'s stock price was down 4.8% on Wednesday . The stock traded as low as $41.51 and last traded at $41.52. Approximately 272,298 shares traded hands during trading, a decline of 85% from the average daily volume of 1,818,289 shares. The stock had previously closed at $43.63.

Analyst Ratings Changes

Several equities analysts have recently weighed in on VOYG shares. Morgan Stanley started coverage on Voyager Technologies in a report on Monday, July 7th. They set an "equal weight" rating and a $46.00 price target for the company. Wall Street Zen upgraded Voyager Technologies to a "hold" rating in a report on Tuesday, June 24th. Jefferies Financial Group started coverage on Voyager Technologies in a report on Monday, July 7th. They set a "buy" rating and a $50.00 price target for the company. Wolfe Research started coverage on Voyager Technologies in a report on Monday, July 7th. They issued an "outperform" rating and a $50.00 price objective for the company. Finally, KeyCorp started coverage on Voyager Technologies in a report on Monday, July 7th. They issued an "overweight" rating and a $50.00 price objective for the company. Three analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $49.00.

Voyager Technologies Trading Down 1.5%

Institutional Inflows and Outflows

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

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.