Is Voyager Digital Stock A Buy In August 2022 With Trading Price Increases?

1 min read

Voyager Digital Ltd has earned an average recommendation of “Hold” from the seven research firms covering the stoMarketbeat reports that seven research firms recommend Holding Voyager Digital Ltd. The stock has been rated as a hold by four analysts, while two have recommended it a buy. Analysts who have rated the stock in the last year have set an average target price of $13.29.  

A number of research firms have recently weighed in on VYGVF. Craig Hallum cut their price target on Voyager Digital from $12.00 to $5.00 in a research note on Tuesday, May 17th. Compass Point downgraded Voyager Digital from a “buy” rating to a “neutral” rating in a research note on Tuesday, May 17th. BTIG Research downgraded Voyager Digital from a “buy” rating to a “neutral” rating in a research note on Wednesday, June 22nd. Noble Financial downgraded Voyager Digital from an “outperform” rating to a “market perform” rating in a research note on Thursday, June 23rd. Finally, HC Wainwright downgraded Voyager Digital from a “buy” rating to a “neutral” rating in a research note on Tuesday, July 5th.

Voyager Digital Trading Up 26.7 %

Shares of OTCMKTS VYGVF opened at $0.18 on Friday. Voyager Digital has a one-year low of $0.22 and a one-year high of $20.97. The firm has a market capitalization of $34.53 million and a PE ratio of -0.59. The business has a 50-day moving average price of $0.94 and a two-hundred-day moving average price of $4.17. Voyager Digital (OTCMKTS:VYGVF) last announced its quarterly earnings data on Monday, May 16th. The company reported ($0.36) EPS for the quarter, missing analysts’ consensus estimates of ($0.15) by ($0.21). Voyager Digital had a negative return on equity of 23.41% and a negative net margin of 12.60%. The business had revenue of $102.74 million for the quarter, compared to analyst estimates of $98.00 million. Research analysts anticipate that Voyager Digital will post -0.68 EPS for the current year.

CoinVoyagers Socials – Voyage with us @
Facebook | Twitter

News via this site

Have A Story? Get Featured On Coinvoyagers Plus 100+ More Exclusive Crypto News Sites