Voyager Digital (OTCMKTS:VYGVF) Lowered to “Market Perform” at Noble Financial

Noble Financial downgraded shares of Voyager Digital (OTCMKTS:VYGVFGet Rating) from an outperform rating to a market perform rating in a report published on Thursday morning, The Fly reports.

Other equities analysts have also recently issued research reports about the stock. Craig Hallum cut their price objective on shares of Voyager Digital from $12.00 to $5.00 in a research report on Tuesday, May 17th. Compass Point cut shares of Voyager Digital from a buy rating to a neutral rating 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. HC Wainwright reaffirmed a buy rating and issued a $16.00 price target on shares of Voyager Digital in a research report on Tuesday, May 17th. Finally, Fundamental Research dropped their price target on shares of Voyager Digital from $30.63 to $21.58 and set a buy rating on the stock in a research report on Wednesday, March 2nd. Three research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat.com, Voyager Digital has an average rating of Moderate Buy and an average target price of $18.15.

VYGVF stock opened at $0.56 on Thursday. The stock has a market capitalization of $109.76 million and a PE ratio of -1.87. The company’s 50-day moving average is $2.59 and its 200-day moving average is $6.59. Voyager Digital has a 1 year low of $0.43 and a 1 year high of $20.97.

Voyager Digital (OTCMKTS:VYGVFGet Rating) last released its quarterly earnings data on Monday, May 16th. The company reported ($0.36) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.15) by ($0.21). The company had revenue of $102.74 million for the quarter, compared to the consensus estimate of $98.00 million. Voyager Digital had a negative return on equity of 23.41% and a negative net margin of 12.60%. As a group, research analysts forecast that Voyager Digital will post -0.68 EPS for the current year.

Voyager Digital Company Profile (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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