Fortis Advisors LLC Makes New $459,000 Investment in Voyager Technologies, Inc. $VOYG

Fortis Advisors LLC bought a new position in Voyager Technologies, Inc. (NYSE:VOYG) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 17,563 shares of the company’s stock, valued at approximately $459,000.

Other hedge funds have also added to or reduced their stakes in the company. Legal & General Group Plc bought a new stake in Voyager Technologies in the second quarter worth $40,000. Osaic Holdings Inc. purchased a new position in shares of Voyager Technologies in the second quarter worth $40,000. Ameritas Investment Partners Inc. purchased a new position in shares of Voyager Technologies in the third quarter worth $34,000. Russell Investments Group Ltd. purchased a new position in shares of Voyager Technologies in the third quarter worth $35,000. Finally, Strs Ohio purchased a new position in shares of Voyager Technologies in the third quarter worth $74,000.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on VOYG shares. Wall Street Zen cut Voyager Technologies from a “sell” rating to a “strong sell” rating in a research note on Sunday, April 19th. TD Cowen started coverage on Voyager Technologies in a research note on Monday, April 20th. They issued a “buy” rating for the company. Citigroup boosted their price target on Voyager Technologies from $36.00 to $44.00 and gave the stock a “buy” rating in a research note on Monday, May 18th. Zacks Research upgraded Voyager Technologies from a “strong sell” rating to a “hold” rating in a research note on Wednesday, April 15th. Finally, JPMorgan Chase & Co. decreased their price target on Voyager Technologies from $43.00 to $39.00 and set an “overweight” rating for the company in a research note on Monday, April 13th. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Voyager Technologies has a consensus rating of “Moderate Buy” and an average price target of $42.64.

Voyager Technologies Stock Down 4.4%

Voyager Technologies stock opened at $49.50 on Friday. The stock has a market cap of $2.65 billion and a PE ratio of -17.81. The company has a debt-to-equity ratio of 1.11, a quick ratio of 4.52 and a current ratio of 4.57. Voyager Technologies, Inc. has a one year low of $17.41 and a one year high of $73.95. The stock has a fifty day moving average of $31.42 and a 200 day moving average of $28.57.

Voyager Technologies (NYSE:VOYG) last posted its quarterly earnings data on Monday, May 4th. The company reported ($0.61) EPS for the quarter, beating analysts’ consensus estimates of ($0.75) by $0.14. The company had revenue of $35.25 million during the quarter. Voyager Technologies had a negative return on equity of 18.42% and a negative net margin of 72.90%.The company’s revenue was up .1% compared to the same quarter last year. As a group, sell-side analysts predict that Voyager Technologies, Inc. will post -3.48 EPS for the current year.

Voyager Technologies 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. We are committed to developing and delivering an array of transformative, mission-critical solutions to customers enabled by our advanced technology, analytics and space infrastructure capabilities.