NCR Voyix (NYSE:VYX) Price Target Lowered to $15.00 at Needham & Company LLC

NCR Voyix (NYSE:VYX) had its target price decreased by Needham & Company LLC from $20.00 to $15.00 in a research note issued to investors on Friday,Benzinga reports. Needham & Company LLC currently has a buy rating on the stock.

NCR Voyix Stock Down 2.2 %

Shares of VYX stock opened at $11.25 on Friday. NCR Voyix has a 1 year low of $10.87 and a 1 year high of $15.34. The stock has a market cap of $1.64 billion, a PE ratio of 2.60 and a beta of 1.62. The business’s fifty day moving average is $12.90 and its 200-day moving average is $13.33. The company has a debt-to-equity ratio of 1.09, a quick ratio of 1.06 and a current ratio of 1.20.

Hedge Funds Weigh In On NCR Voyix

Several hedge funds have recently modified their holdings of the company. Neo Ivy Capital Management bought a new stake in shares of NCR Voyix during the 4th quarter worth $587,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in shares of NCR Voyix by 17.8% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 359,131 shares of the company’s stock worth $4,970,000 after acquiring an additional 54,387 shares in the last quarter. Union Square Park Capital Management LLC bought a new stake in shares of NCR Voyix during the 4th quarter worth $2,768,000. Wolverine Trading LLC boosted its stake in shares of NCR Voyix by 58.1% during the 4th quarter. Wolverine Trading LLC now owns 39,313 shares of the company’s stock worth $541,000 after acquiring an additional 14,447 shares in the last quarter. Finally, Vident Advisory LLC bought a new stake in shares of NCR Voyix during the 4th quarter worth $502,000. 97.00% of the stock is currently owned by institutional investors and hedge funds.

NCR Voyix Company Profile

NCR Voyix Corporation provides various software and services in the United States, the Americas, the Asia Pacific, Europe, the Middle East, and Africa. The company operates through three segments: Retail; Restaurants; and Digital Banking. It offers software, services, and hardware; and digital banking solutions for financial institution’s consumer and business customers.