V2X (NYSE:VVX) Stock Price Up 3.8% - Should You Buy?

V2X, Inc. (NYSE:VVX - Get Free Report)'s share price rose 3.8% during mid-day trading on Tuesday . The stock traded as high as $51.49 and last traded at $51.01. Approximately 156,791 shares traded hands during trading, a decline of 4% from the average daily volume of 163,217 shares. The stock had previously closed at $49.15.

Analyst Ratings Changes

A number of research analysts have issued reports on the company. BTIG Research assumed coverage on V2X in a research note on Monday, November 25th. They issued a "buy" rating and a $80.00 price objective for the company. Citigroup assumed coverage on V2X in a research note on Tuesday, January 21st. They issued a "buy" rating and a $64.00 price objective for the company. Raymond James reduced their price objective on V2X from $65.00 to $60.00 and set an "outperform" rating for the company in a research note on Tuesday, February 25th. The Goldman Sachs Group assumed coverage on V2X in a research note on Thursday, December 12th. They issued a "sell" rating and a $54.00 price objective for the company. Finally, Royal Bank of Canada reduced their price objective on V2X from $58.00 to $54.00 and set a "sector perform" rating for the company in a research note on Tuesday, February 25th. One analyst has rated the stock with a sell rating, two have issued a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $65.38.

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V2X Price Performance

The business has a fifty day moving average of $49.06 and a 200-day moving average of $54.04. The firm has a market cap of $1.56 billion, a PE ratio of 176.31, a PEG ratio of 0.61 and a beta of 0.61. The company has a current ratio of 1.08, a quick ratio of 1.08 and a debt-to-equity ratio of 1.09.

Institutional Trading of V2X

Institutional investors have recently added to or reduced their stakes in the stock. State of Wyoming purchased a new stake in V2X during the 4th quarter worth about $45,000. Summit Investment Advisors Inc. increased its position in shares of V2X by 24.1% in 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 during the last quarter. Harel Insurance Investments & Financial Services Ltd. raised its stake in V2X by 51.9% in the fourth quarter. Harel Insurance Investments & Financial Services Ltd. now owns 2,382 shares of the company's stock valued at $114,000 after purchasing an additional 814 shares in the last quarter. KLP Kapitalforvaltning AS purchased a new stake in V2X in the fourth quarter valued at approximately $134,000. Finally, Aquatic Capital Management LLC purchased a new position in V2X in the 4th quarter worth approximately $171,000. Hedge funds and other institutional investors own 95.18% of the company's stock.

About V2X

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.