Market Recap: NCR Voyix Corp (VYX)’s Negative Momentum, Closing at 12.95

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The closing price of NCR Voyix Corp (NYSE: VYX) was $12.95 for the day, down -5.13% from the previous closing price of $13.65. In other words, the price has decreased by -$5.13 from its previous closing price. On the day, 1.74 million shares were traded. VYX stock price reached its highest trading level at $13.65 during the session, while it also had its lowest trading level at $12.885.

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 8.26 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 19.61. For the most recent quarter (mrq), Quick Ratio is recorded 0.67 and its Current Ratio is at 0.85. In the meantime, Its Debt-to-Equity ratio is 14.98 whereas as Long-Term Debt/Eq ratio is at 14.91.

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, Stifel on June 12, 2024, initiated with a Buy rating and assigned the stock a target price of $16.

On March 18, 2024, Goldman started tracking the stock assigning a Neutral rating and target price of $14.

Northcoast Upgraded its Neutral to Buy on March 12, 2024, while the target price for the stock was maintained at $17.

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 Aug 29 ’24 when Tadele Beimnet bought 3,648 shares for $13.71 per share. The transaction valued at 50,014 led to the insider holds 3,648 shares of the business.

KELLY JAMES G bought 14,800 shares of VYX for $198,468 on Aug 27 ’24. The Executive Chair of Board now owns 46,900 shares after completing the transaction at $13.41 per share. On Aug 13 ’24, another insider, Schoch Eric, who serves as the EVP & President, Retail of the company, bought 21,692 shares for $12.19 each. As a result, the insider paid 264,425 and bolstered with 101,671 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 1882567424 and an Enterprise Value of 4814569984. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.40. Its current Enterprise Value per Revenue stands at 1.297 whereas that against EBITDA is 12.805.

Stock Price History:

Over the past 52 weeks, VYX has reached a high of $18.04, while it has fallen to a 52-week low of $10.87. The 50-Day Moving Average of the stock is -2.67%, while the 200-Day Moving Average is calculated to be -5.18%.

Shares Statistics:

VYX traded an average of 2.19M shares per day over the past three months and 1730930 shares per day over the past ten days. A total of 142.60M shares are outstanding, with a floating share count of 140.24M. Insiders hold about 3.53% of the company’s shares, while institutions hold 105.77% stake in the company. Shares short for VYX as of 1724976000 were 14525770 with a Short Ratio of 6.44, compared to 1722384000 on 14992491. Therefore, it implies a Short% of Shares Outstanding of 14525770 and a Short% of Float of 13.13.

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