Shares of NCR Voyix Co. (NYSE:VYX - Get Free Report) reached a new 52-week low during trading on Wednesday . The stock traded as low as $7.67 and last traded at $7.79, with a volume of 3452371 shares trading hands. The stock had previously closed at $8.29.
Wall Street Analysts Forecast Growth
A number of research analysts recently issued reports on the stock. Needham & Company LLC decreased their target price on shares of NCR Voyix from $20.00 to $15.00 and set a "buy" rating for the company in a research report on Friday, February 28th. The Goldman Sachs Group lowered their target price on shares of NCR Voyix from $13.00 to $11.00 and set a "neutral" rating on the stock in a research note on Wednesday, April 2nd. Finally, Royal Bank of Canada reiterated an "outperform" rating and issued a $17.00 price objective on shares of NCR Voyix in a report on Tuesday, March 25th. One equities research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company's stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $15.17.
Get Our Latest Stock Report on NCR Voyix
NCR Voyix Stock Up 2.1 %
The business's 50 day moving average is $10.56 and its 200-day moving average is $12.57. The company has a market cap of $1.17 billion, a PE ratio of 1.95 and a beta of 1.49. The company has a debt-to-equity ratio of 1.09, a current ratio of 1.20 and a quick ratio of 1.06.
Institutional Investors Weigh In On NCR Voyix
Several hedge funds and other institutional investors have recently made changes to their positions in the business. Smartleaf Asset Management LLC boosted its stake in NCR Voyix by 175.9% in the fourth quarter. Smartleaf Asset Management LLC now owns 2,232 shares of the company's stock valued at $31,000 after acquiring an additional 1,423 shares in the last quarter. KBC Group NV boosted its holdings in shares of NCR Voyix by 55.1% in the fourth quarter. KBC Group NV now owns 7,148 shares of the company's stock valued at $99,000 after acquiring an additional 2,540 shares during the period. Xponance Inc. acquired a new position in shares of NCR Voyix in the 4th quarter valued at $146,000. Cibc World Markets Corp acquired a new stake in NCR Voyix during the 4th quarter worth $188,000. Finally, Magnetar Financial LLC purchased a new stake in shares of NCR Voyix in the fourth quarter valued at about $189,000. Institutional investors and hedge funds own 97.00% of the company's stock.
About NCR Voyix
(
Get Free Report)
NCR Voyix Corporation provides various software and services in the United States, the Americas, the Asia Pacific, Europe, the Middle East, and Africa. The company operates through three segments: Retail; Restaurants; and Digital Banking. It offers software, services, and hardware; and digital banking solutions for financial institution's consumer and business customers.
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