Griffin Asset Management Inc. Purchases Shares of 13,879 Voyager Technologies, Inc. $VOYG

Griffin Asset Management Inc. purchased a new stake in Voyager Technologies, Inc. (NYSE:VOYG) in the 4th quarter, according to its most recent filing with the SEC. The fund purchased 13,879 shares of the company’s stock, valued at approximately $363,000.

Other institutional investors also recently bought and sold shares of the company. Ameritas Investment Partners Inc. acquired a new position in Voyager Technologies in the 3rd quarter valued at $34,000. Russell Investments Group Ltd. acquired a new position in Voyager Technologies in the 3rd quarter valued at $35,000. Legal & General Group Plc acquired a new position in Voyager Technologies in the 2nd quarter valued at $40,000. Osaic Holdings Inc. acquired a new position in Voyager Technologies in the 2nd quarter valued at $40,000. Finally, Strs Ohio acquired a new position in Voyager Technologies in the 3rd quarter valued at $74,000.

Voyager Technologies Stock Performance

NYSE:VOYG opened at $40.20 on Friday. The company has a debt-to-equity ratio of 1.11, a current ratio of 4.57 and a quick ratio of 4.52. The firm has a 50-day moving average of $29.00 and a two-hundred day moving average of $27.67. The stock has a market cap of $2.15 billion and a P/E ratio of -14.46. Voyager Technologies, Inc. has a 1-year low of $17.41 and a 1-year high of $73.95.

Voyager Technologies (NYSE:VOYG) last posted its quarterly earnings data on Monday, May 4th. The company reported ($0.61) earnings per share 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 net margin of 72.90% and a negative return on equity of 18.42%. Voyager Technologies’s quarterly revenue was up .1% on a year-over-year basis. On average, research analysts expect that Voyager Technologies, Inc. will post -3.48 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on VOYG shares. Wells Fargo & Company started coverage on Voyager Technologies in a report on Wednesday, April 1st. They set an “underweight” rating and a $21.00 price objective for the company. Wall Street Zen downgraded Voyager Technologies from a “sell” rating to a “strong sell” rating in a report on Sunday, April 19th. Citigroup upped their price objective on Voyager Technologies from $36.00 to $44.00 and gave the stock a “buy” rating in a report on Monday. TD Cowen started coverage on Voyager Technologies in a report on Monday, April 20th. They set a “buy” rating for the company. Finally, Zacks Research upgraded Voyager Technologies from a “strong sell” rating to a “hold” rating in a report on Wednesday, April 15th. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $41.36.

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. 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.