Voya Financial Inc (NYSE:VOYA) shares, rose in value on Friday, March 07, with the stock price up by 1.18% to the previous day’s close as strong demand from buyers drove the stock to $70.42.
Actively observing the price movement in the last trading, the stock closed the session at $69.60. The PE ratio was 11.51 over 12-month period. Referring to stock’s 52-week performance, its high was $84.30, and the low was $64.10. On the whole, VOYA has fluctuated by -2.49% over the past month.
With the market capitalization of Voya Financial Inc currently standing at about $6.73 billion, investors are eagerly awaiting this quarter’s results, scheduled for in April. The company’s Forward Dividend Ratio is 1.75, with its dividend yield at 2.49%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 7.88B, with a low estimate of 1.89B and a high estimate of 2.08B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 1.94B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that VOYA’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 50% Sell.
The stock’s technical analysis shows that the PEG ratio is about 0.68, with the price of VOYA currently trading nearly -2.37% and -0.08% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 46.41, while the 7-day volatility ratio is showing 2.68% which for the 30-day chart, stands at 2.46%. Furthermore, Voya Financial Inc (VOYA)’s beta value is 0.92, and its average true range (ATR) is 1.90.
A comparison of Voya Financial Inc (VOYA) with its peers suggests the former has fared considerably weaker in the market. VOYA showed an intraday change of 1.18% in last session, and over the past year, it grew by 4.59%%.
Data on historical trading for Voya Financial Inc (NYSE:VOYA) indicates that the trading volumes over the past 3 months, they’ve averaged 932.42K. According to company’s latest data on outstanding shares, there are 95.50 million shares outstanding.
Nearly 0.46% of Voya Financial Inc’s shares belong to company insiders and institutional investors own 99.24% of the company’s shares. The stock has risen by 2.31% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the VOYA stock heading into the next quarter.
