NCR Voyix (NYSE:VYX - Get Free Report) had its target price decreased by equities researchers at Needham & Company LLC from $20.00 to $15.00 in a note issued to investors on Friday,Benzinga reports. The firm presently has a "buy" rating on the stock. Needham & Company LLC's price target indicates a potential upside of 44.51% from the stock's current price.
NCR Voyix Trading Down 8.0 %
Shares of NYSE VYX traded down $0.90 during midday trading on Friday, hitting $10.38. The stock had a trading volume of 2,982,605 shares, compared to its average volume of 1,504,130. The company's 50-day simple moving average is $12.85 and its 200 day simple moving average is $13.34. The firm has a market cap of $1.52 billion, a P/E ratio of 2.40 and a beta of 1.62. NCR Voyix has a fifty-two week low of $10.36 and a fifty-two week high of $15.34. 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
Hedge funds and other institutional investors have recently made changes to their positions in the company. Truvestments Capital LLC bought a new position in shares of NCR Voyix in the 3rd quarter worth $25,000. Smartleaf Asset Management LLC boosted its position in shares of NCR Voyix by 175.9% in the 4th quarter. Smartleaf Asset Management LLC now owns 2,232 shares of the company's stock worth $31,000 after purchasing an additional 1,423 shares during the last quarter. KBC Group NV boosted its position in shares of NCR Voyix by 55.1% in the 4th quarter. KBC Group NV now owns 7,148 shares of the company's stock worth $99,000 after purchasing an additional 2,540 shares during the last quarter. W.G. Shaheen & Associates DBA Whitney & Co bought a new position in shares of NCR Voyix in the 3rd quarter worth $136,000. Finally, Xponance Inc. bought a new position in shares of NCR Voyix in the 4th quarter worth $146,000. 97.00% of the stock is owned by institutional investors and hedge funds.
About NCR Voyix
(
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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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