Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
The closing price of NCR Voyix Corp (NYSE: VYX) was $12.16 for the day, down -0.49% from the previous closing price of $12.22. In other words, the price has decreased by -$0.49 from its previous closing price. On the day, 1.91 million shares were traded. VYX stock price reached its highest trading level at $12.28 during the session, while it also had its lowest trading level at $12.02.
Ratios:
Our analysis of VYX’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.20 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 3.11. For the most recent quarter (mrq), Quick Ratio is recorded 0.71 and its Current Ratio is at 0.90. In the meantime, Its Debt-to-Equity ratio is 9.60 whereas as Long-Term Debt/Eq ratio is at 9.38.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Goldman on March 18, 2024, initiated with a Neutral rating and assigned the stock a target price of $14.
On March 12, 2024, Northcoast Upgraded its rating to Buy which previously was Neutral but kept the price unchanged to $17.
On December 04, 2023, Needham started tracking the stock assigning a Buy rating and target price of $22.Needham initiated its Buy rating on December 04, 2023, with a $22 target price.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Dec 01 ’23 when Reddy Kevin Michael bought 6,250 shares for $16.05 per share. The transaction valued at 100,312 led to the insider holds 15,646 shares of the business.
KELLY JAMES G bought 32,100 shares of VYX for $497,550 on Nov 17 ’23. The Director now owns 32,100 shares after completing the transaction at $15.50 per share. On Nov 17 ’23, another insider, KELLY JAMES G, who serves as the Director of the company, bought 32,100 shares for $15.50 each. As a result, the insider paid 497,550 and bolstered with 41,496 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, VYX now has a Market Capitalization of 1758603520 and an Enterprise Value of 4659569152. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.26 while its Price-to-Book (P/B) ratio in mrq is 69.36. Its current Enterprise Value per Revenue stands at 1.217 whereas that against EBITDA is 8.629.
Stock Price History:
Over the past 52 weeks, VYX has reached a high of $19.01, while it has fallen to a 52-week low of $10.99. The 50-Day Moving Average of the stock is -6.34%, while the 200-Day Moving Average is calculated to be -21.52%.
Shares Statistics:
VYX traded an average of 2.56M shares per day over the past three months and 2172030 shares per day over the past ten days. A total of 142.60M shares are outstanding, with a floating share count of 138.31M. Insiders hold about 4.15% of the company’s shares, while institutions hold 98.62% stake in the company. Shares short for VYX as of 1713139200 were 13005502 with a Short Ratio of 5.07, compared to 1710460800 on 10319326. Therefore, it implies a Short% of Shares Outstanding of 13005502 and a Short% of Float of 11.84.
