Voyager Digital Stock Price And Equity Analysis 2022 | July Buy Rating

start main text During the month of June, Voyager Digital Ltd. received a large increase in short interest. A total of 7,911,800 shares were short as of June 30th, a 203.4% increase from the June 15th total of 2,607,800 shares. The days-to-cover ratio is currently 0.9 days on the basis of an average trading volume of 8,722,100 shares.OTCMKTS:VYGVF opened at $0.17 on Friday. The stock has a market capitalization of $32.84 million and a price-to-earnings ratio of -0.56. The firm has a fifty-day simple moving average of $1.77 and a two-hundred-day simple moving average of $5.43. Voyager Digital has a 12-month low of $0.22 and a 12-month high of $20.97.

Voyager Digital (OTCMKTS:VYGVF last posted its quarterly earnings results on Monday, May 16th. The company reported ($0.36) EPS for the quarter, missing analysts’ consensus estimates of ($0.15) by ($0.21). The company had revenue of $102.74 million during the quarter, compared to analyst estimates of $98.00 million. Voyager Digital had a negative return on equity of 23.41% and a negative net margin of 12.60%. On average, research analysts forecast that Voyager Digital will post -0.68 EPS for the current year.

Several equities analysts have issued reports on the stock. Noble Financial cut shares of Voyager Digital from an “outperform” rating to a “market perform” rating in a research report on Thursday, June 23rd. Craig Hallum decreased their price objective on shares of Voyager Digital from $12.00 to $5.00 in a research report on Tuesday, May 17th. BTIG Research cut shares of Voyager Digital from a “buy” rating to a “neutral” rating in a research report on Wednesday, June 22nd. Compass Point cut shares of Voyager Digital from a “buy” rating to a “neutral” rating in a research report on Tuesday, May 17th. Finally, HC Wainwright cut shares of Voyager Digital from a “buy” rating to a “neutral” rating in a research report on Tuesday, July 5th. Four investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $18.15.

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