Voyager Acquisition (NASDAQ:VACH) Trading Down 0.2% – Here’s What Happened

Voyager Acquisition Corp. (NASDAQ:VACH)’s stock price fell 0.2% during mid-day trading on Wednesday . The stock traded as low as $10.64 and last traded at $10.6160. 248 shares changed hands during trading, a decline of 100% from the average session volume of 135,911 shares. The stock had previously closed at $10.64.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings restated a “sell (d)” rating on shares of Voyager Acquisition in a research report on Tuesday, October 14th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company currently has a consensus rating of “Sell”.

Voyager Acquisition Stock Performance

The company’s fifty day simple moving average is $10.56 and its two-hundred day simple moving average is $10.48.

Voyager Acquisition (NASDAQ:VACH) last announced its quarterly earnings results on Friday, November 14th. The company reported $0.07 earnings per share (EPS) for the quarter.

Institutional Investors Weigh In On Voyager Acquisition

Several institutional investors have recently added to or reduced their stakes in the business. Magnetar Financial LLC purchased a new stake in shares of Voyager Acquisition in the second quarter worth about $22,360,000. Wolverine Asset Management LLC increased its holdings in Voyager Acquisition by 76.8% during the 2nd quarter. Wolverine Asset Management LLC now owns 2,492,417 shares of the company’s stock worth $25,888,000 after acquiring an additional 1,082,611 shares during the period. Wealthspring Capital LLC lifted its stake in Voyager Acquisition by 1,478.0% in the 2nd quarter. Wealthspring Capital LLC now owns 715,866 shares of the company’s stock worth $7,436,000 after purchasing an additional 670,500 shares in the last quarter. Berkley W R Corp lifted its stake in Voyager Acquisition by 158.5% in the 2nd quarter. Berkley W R Corp now owns 1,214,392 shares of the company’s stock worth $12,614,000 after purchasing an additional 744,529 shares in the last quarter. Finally, Alberta Investment Management Corp bought a new position in Voyager Acquisition in the 2nd quarter valued at $18,148,000.

Voyager Acquisition Company Profile

Voyager Acquisition Corp. (NASDAQ: VACH) is a special purpose acquisition company incorporated as an exempted company with limited liability under the laws of the Cayman Islands. The company was formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase or similar business combination with one or more businesses, with an emphasis on identifying and partnering with companies in the technology and technology‐enabled services sectors.

Voyager Acquisition Corp.