HC Wainwright Reaffirms Buy Rating for Voyager Digital (OTCMKTS:VYGVF)

Voyager Digital (OTCMKTS:VYGVFGet Rating)‘s stock had its “buy” rating reissued by stock analysts at HC Wainwright in a research note issued on Tuesday, TipRanks reports. They presently have a $16.00 target price on the stock.

A number of other brokerages have also commented on VYGVF. Zacks Investment Research raised shares of Voyager Digital from a “sell” rating to a “hold” rating in a report on Tuesday, May 10th. Fundamental Research lowered their price objective on Voyager Digital from $30.63 to $21.58 and set a “buy” rating for the company in a research report on Wednesday, March 2nd. Compass Point downgraded shares of Voyager Digital from a “buy” rating to a “neutral” rating in a research report on Tuesday. Finally, Craig Hallum lowered their price target on shares of Voyager Digital from $12.00 to $5.00 in a research report on Tuesday. Two research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average target price of $18.15.

Voyager Digital stock traded down $0.80 during trading hours on Tuesday, hitting $2.27. 1,245,312 shares of the stock were exchanged, compared to its average volume of 636,305. Voyager Digital has a 12 month low of $2.07 and a 12 month high of $21.74. The business’s 50-day moving average is $4.75 and its two-hundred day moving average is $9.26.

Voyager Digital (OTCMKTS:VYGVFGet Rating) last announced its earnings results on Monday, February 14th. The company reported $0.01 EPS for the quarter. The business had revenue of $164.85 million for the quarter. As a group, equities research analysts predict that Voyager Digital will post -0.4 EPS for the current year.

About Voyager Digital (Get Rating)

Voyager Digital Ltd., through its subsidiaries, operates as a crypto asset brokerage firm primarily in the United States and Canada. It operates a digital platform that enables users to buy and sell crypto assets across multiple centralized marketplaces in one account. The company was formerly known as Voyager Digital (Canada) Ltd.

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