NCR Voyix Corp (VYX) 20 Days SMA touches 2.93%: The odds favor the bear

NCR Voyix Corp (NYSE: VYX) on Tuesday, plunged -2.45% from the previous trading day, before settling in for the closing price of $14.71. Within the past 52 weeks, VYX’s price has moved between $10.87 and $17.39.

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Over the past five-year period, the drop rate of yearbook sales for the company of the Technology sector was -6.60%. The company achieved an average annual earnings per share of 76.73%. With a float of $140.92 million, this company’s outstanding shares have now reached $142.60 million.

Considering the fact that the conglomerate employs 15500 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 27.02%, operating margin of 3.84%, and the pretax margin is -11.4%.

NCR Voyix Corp (VYX) Insider Activity

Observing investor behavior towards Information Technology Services industry stocks is more important than anything else. The insider ownership of NCR Voyix Corp is 3.46%, while institutional ownership is 103.99%. The most recent insider transaction that took place on Aug 29 ’24, was worth 50,014. In this transaction EVP & President, Restaurants of this company bought 3,648 shares at a rate of $13.71, taking the stock ownership to the 3,648 shares. Before that another transaction happened on Aug 27 ’24, when Company’s Executive Chair of Board bought 14,800 for $13.41, making the entire transaction worth $198,468. This insider now owns 46,900 shares in total.

NCR Voyix Corp (VYX) Earnings and Forecasts

According to the Wall Street analysts, stocks earnings will be around 76.73% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 4.00% during the next five years compared to -21.96% drop over the previous five years of trading.

NCR Voyix Corp (NYSE: VYX) Trading Performance Indicators

NCR Voyix Corp (VYX) is currently performing well based on its current performance indicators. A quick ratio of 1.06 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.61.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -6.31, a number that is poised to hit 0.13 in the next quarter and is forecasted to reach 0.94 in one year’s time.

Technical Analysis of NCR Voyix Corp (VYX)

Compared to the last year’s volume of 2.07 million, its volume of 1.44 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 77.80%. Additionally, its Average True Range was 0.47.

During the past 100 days, NCR Voyix Corp’s (VYX) raw stochastic average was set at 80.00%, which indicates a significant increase from 72.08% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 29.95% in the past 14 days, which was lower than the 40.04% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $13.59, while its 200-day Moving Average is $13.17. Nevertheless, the first resistance level for the watch stands at $14.61 in the near term. At $14.87, the stock is likely to face the second major resistance level. The third major resistance level sits at $15.09. If the price goes on to break the first support level at $14.13, it is likely to go to the next support level at $13.91. Should the price break the second support level, the third support level stands at $13.65.

NCR Voyix Corp (NYSE: VYX) Key Stats

Market capitalization of the company is 2.09 billion based on 145,968K outstanding shares. Right now, sales total 3,830 M and income totals -423,000 K. The company made 711,000 K in profit during its latest quarter, and 1,082 M in sales during its previous quarter.