NCR Voyix Corp (NYSE: VYX) Gains 1.38% And Its 2.16% Stock Volatility Is Bewildering

NCR Voyix Corp (NYSE:VYX) does about 2.72M shares in volume on a normal day but saw 2307975 shares change hands in Monday trading. The company now has a market cap of 1.80B USD. Its current market price is $12.48, marking an increase of 1.38% compared to the previous close of $12.31. The 52 week high reached by this stock is $19.01 whilst the lowest price level in 52 weeks is $10.99.

NCR Voyix Corp (VYX) has a 20-day trading average at $12.20 and the current price is -34.34% off the 52-week high compared with 13.56% distance from its 52-week low. The 50-day simple moving average of the closing price is $12.50 and its 200-day simple moving average is $15.34. If we look at the stock’s price movements over the week, volatility stands at 2.16%, which increases to 2.39% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 53.12 to suggest the stock is neutral.

The consensus objective for the share price is $18.60, suggesting that the stock has a potential upside of 32.9% over the period.

The company shares received a number of brokerage firm price updates over the past month, with the latest being on March 18, 2024 when Goldman initiated the stock to “Neutral” and issued a price target of $14. Northcoast upgraded the stock to “Buy” from Neutral on March 12, 2024 at a price target of $17. Needham initiated its price target at $22.

NCR Voyix Corp (VYX) stock is up 1.13% over the week and 1.79% over the past month. Its price is -26.20% year-to-date and 3.81% over the past year.

To reach the target analysts have set, the stock logically needs to grow 32.9 percent from here.

The company has a return on investment of -13.63% and return on equity of -33.95%. The forward price to earnings ratio is 9.92. The beta has a value of 1.63. Price to book ratio is 71.18 and price to sales ratio is 0.26.