NCR Voyix Corporation (NYSE:VYX – Get Free Report) was the target of unusually large options trading activity on Wednesday. Traders bought 7,933 call options on the company. This is an increase of 881% compared to the typical daily volume of 809 call options.
Institutional Investors Weigh In On NCR Voyix
A number of institutional investors have recently modified their holdings of VYX. Caitong International Asset Management Co. Ltd acquired a new position in NCR Voyix in the fourth quarter worth about $28,000. Kestra Advisory Services LLC acquired a new stake in NCR Voyix during the fourth quarter valued at approximately $29,000. Parkside Financial Bank & Trust raised its stake in NCR Voyix by 34.7% during the fourth quarter. Parkside Financial Bank & Trust now owns 4,743 shares of the company’s stock valued at $48,000 after buying an additional 1,221 shares in the last quarter. Public Employees Retirement System of Ohio bought a new position in NCR Voyix during the 2nd quarter worth approximately $52,000. Finally, AXQ Capital LP bought a new position in NCR Voyix during the 2nd quarter worth approximately $83,000. Institutional investors and hedge funds own 97.00% of the company’s stock.
NCR Voyix Stock Performance
Shares of VYX opened at $8.91 on Thursday. The company has a quick ratio of 0.95, a current ratio of 1.07 and a debt-to-equity ratio of 1.19. The business’s 50 day moving average is $8.10 and its two-hundred day moving average is $7.60. The firm has a market cap of $1.23 billion, a price-to-earnings ratio of 22.27 and a beta of 1.39. NCR Voyix has a 52-week low of $6.02 and a 52-week high of $13.77.
Analyst Upgrades and Downgrades
A number of research firms recently weighed in on VYX. The Goldman Sachs Group raised their price target on shares of NCR Voyix from $8.00 to $9.00 and gave the company a “neutral” rating in a report on Monday, May 11th. Royal Bank Of Canada boosted their price objective on shares of NCR Voyix from $10.00 to $13.00 and gave the stock an “outperform” rating in a report on Thursday, August 6th. Weiss Ratings raised shares of NCR Voyix from a “sell (d)” rating to a “sell (d+)” rating in a research report on Thursday, August 6th. Finally, Needham & Company LLC raised their target price on NCR Voyix from $12.00 to $14.00 and gave the company a “buy” rating in a research note on Thursday, August 6th. Four analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $14.00.
Check Out Our Latest Stock Report on VYX
About NCR Voyix
NCR Voyix is a technology company formed through the spin-off of NCR Corporation’s financial and digital commerce business. The company designs, manufactures and supports self-service solutions for banking and retail environments, with core offerings that include ATMs, kiosks, point-of-sale terminals and payment software. By blending hardware, cloud-based applications and managed services, NCR Voyix aims to help financial institutions and merchants modernize customer experiences and streamline transaction processing.
Building on more than a century of heritage under the NCR name, NCR Voyix leverages decades of engineering expertise and innovation in transaction automation.
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