Voyager Acquisition (NASDAQ:VACH) Trading Down 5% – What’s Next?

Voyager Acquisition Corp. (NASDAQ:VACH)’s share price dropped 5% during mid-day trading on Monday . The company traded as low as $10.78 and last traded at $12.25. Approximately 14,681 shares were traded during trading, a decline of 52% from the average daily volume of 30,539 shares. The stock had previously closed at $12.90.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of Voyager Acquisition in a research note on Friday, January 9th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, Voyager Acquisition currently has a consensus rating of “Sell”.

Voyager Acquisition Stock Performance

The company’s 50 day moving average price is $10.90 and its two-hundred day moving average price is $10.66.

Voyager Acquisition (NASDAQ:VACH) last posted its quarterly earnings data on Tuesday, March 10th. The company reported $0.05 EPS for the quarter.

Institutional Trading of Voyager Acquisition

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. PenderFund Capital Management Ltd. raised its stake in shares of Voyager Acquisition by 58.0% in the fourth quarter. PenderFund Capital Management Ltd. now owns 7,900 shares of the company’s stock worth $84,000 after buying an additional 2,900 shares during the period. Schonfeld Strategic Advisors LLC grew its stake in shares of Voyager Acquisition by 6.2% during the 3rd quarter. Schonfeld Strategic Advisors LLC now owns 184,739 shares of the company’s stock valued at $1,939,000 after acquiring an additional 10,767 shares during the period. Geode Capital Management LLC bought a new position in shares of Voyager Acquisition during the 4th quarter valued at approximately $171,000. Berkley W R Corp increased its holdings in Voyager Acquisition by 1.5% in the 3rd quarter. Berkley W R Corp now owns 1,232,963 shares of the company’s stock worth $12,941,000 after acquiring an additional 18,571 shares in the last quarter. Finally, Mangrove Partners IM LLC increased its holdings in Voyager Acquisition by 4.6% in the 3rd quarter. Mangrove Partners IM LLC now owns 450,000 shares of the company’s stock worth $4,723,000 after acquiring an additional 19,797 shares in the last quarter.

About Voyager Acquisition

Voyager Acquisition Corp. (NASDAQ: VACH) is a special purpose acquisition company incorporated as an exempted company with limited liability under the laws of the Cayman Islands. The company was formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase or similar business combination with one or more businesses, with an emphasis on identifying and partnering with companies in the technology and technology‐enabled services sectors.

Voyager Acquisition Corp.