Shares of V2X, Inc. (NYSE:VVX - Get Free Report) gapped up prior to trading on Wednesday . The stock had previously closed at $50.86, but opened at $52.52. V2X shares last traded at $50.69, with a volume of 31,920 shares traded.
Wall Street Analyst Weigh In
A number of research analysts have recently weighed in on VVX shares. Raymond James cut their price objective on V2X from $65.00 to $60.00 and set an "outperform" rating on the stock in a report on Tuesday, February 25th. JMP Securities reissued a "market outperform" rating and issued a $80.00 price target on shares of V2X in a report on Friday, January 17th. The Goldman Sachs Group initiated coverage on shares of V2X in a report on Thursday, December 12th. They set a "sell" rating and a $54.00 price target on the stock. Citigroup assumed coverage on shares of V2X in a research note on Tuesday, January 21st. They set a "buy" rating and a $64.00 target price on the stock. Finally, Royal Bank of Canada lowered their price target on V2X from $58.00 to $54.00 and set a "sector perform" rating on the stock in a research report on Tuesday, February 25th. One research analyst has rated the stock with a sell rating, two have given a hold rating, five have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $65.38.
Check Out Our Latest Research Report on V2X
V2X Stock Down 2.9 %
The company has a current ratio of 1.08, a quick ratio of 1.08 and a debt-to-equity ratio of 1.09. The company has a market capitalization of $1.56 billion, a PE ratio of 176.82, a PEG ratio of 0.61 and a beta of 0.61. The business has a fifty day moving average of $49.06 and a 200 day moving average of $54.08.
Hedge Funds Weigh In On V2X
Several hedge funds and other institutional investors have recently made changes to their positions in the stock. State of Wyoming acquired a new position in shares of V2X during the 4th quarter worth about $45,000. Summit Investment Advisors Inc. increased its position in shares of V2X by 24.1% during the fourth quarter. Summit Investment Advisors Inc. now owns 1,482 shares of the company's stock worth $71,000 after purchasing an additional 288 shares in the last quarter. Harel Insurance Investments & Financial Services Ltd. increased its position in V2X by 51.9% during the fourth quarter. Harel Insurance Investments & Financial Services Ltd. now owns 2,382 shares of the company's stock worth $114,000 after buying an additional 814 shares during the period. KLP Kapitalforvaltning AS purchased a new stake in V2X in the 4th quarter valued at $134,000. Finally, Aquatic Capital Management LLC purchased a new position in shares of V2X during the fourth quarter worth about $171,000. Hedge funds and other institutional investors own 95.18% of the company's stock.
About V2X
(
Get Free Report)
V2X, Inc provides critical mission solutions and support services to defense clients worldwide. It offers a suite of integrated solutions across the operations and logistics, aerospace, training, and technology markets to national security, defense, civilian, and international clients. The company was incorporated in 2014 and is headquartered in Mclean, Virginia.
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